How to Read Travel Subscription Earnings: The eDreams Q3 Case Study
💰 eDreams Odigeo reported a tenfold increase in net income to €40.3 million ($43 million) and a 74% rise in Adjusted EBITDA to €138.4 million ($148 million). The Prime subscription membership reached 7.8 million. However, Cash EBITDA stood at €126.7 million ($136 million), €11.7 million ($13 million) less than Adjusted EBITDA. This highlights the significance of evaluating the gap between "adjusted" and "actual" figures in subscription earnings.
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