Ipo WKN: A2QR0K ISIN: US03831W1080 Kürzel: APP Forum: Aktien User: PEDRO2508

In the second quarter, we generated revenue of $1.08 billion (+44% yr/yr), net income of $310 million (+286% yr/yr) at a net margin of 29%, and Adjusted EBITDA of $601 million (+80% yr/yr) at an Adjusted EBITDA margin of 56%. Net cash from operating activities was $455 million (+98% yr/ yr), with Free Cash Flow of $446 million (+102% yr/yr). At the end of 2Q24, we had $460 million in cash and cash equivalents and approximately 334 million shares of our Class A and Class B common stock outstanding. Our Software Platform revenue grew consecutively in Q2 to $711 million (+75% yr/yr), with Software Platform Adjusted EBITDA expanding from last quarter to $520 million (+91% yr/yr) at an Adjusted EBITDA margin of 73%.