Deliveroo PLC (OTCPK:DROOF)

$ 1.68 0.1905 (12.79%) Market Cap: 2.94 Bil Enterprise Value: 1.85 Bil PE Ratio: 43.08 PB Ratio: 4.94 GF Score: 83/100

Q3 2022 Deliveroo PLC Trading Statement Call Transcript

Oct 21, 2022 / 08:00AM GMT

Release Date Price: $0.95 (+12.47%)

Transcript

William Shu

Deliveroo plc - Founder, CEO & Director

Hey, everyone. Good morning. I'm Will, I'm the Founder and CEO of Deliveroo.

David Hancock

Deliveroo plc - Interim CFO & VP of IR

And I'm David Hancock, the Interim CFO at Deliveroo.

William Shu

Deliveroo plc - Founder, CEO & Director

Thanks for joining us for today's morning presentation of our Q3 '22 trading update. The presentation is going to be pretty brief, and then we'll move on to Q&A. So let's get started.

Overall, I'm pleased with our progress in the third quarter of '22 despite difficult consumer environments. And let me start by covering a few key takeaways from today's presentation. Firstly, on growth, GTV was up 8% in reported currency and 5% in constant currency. We report mainly in constant currency, because I think that's what's important here. But I did want to highlight a reported currency, just given all the volatility in FX markets. Orders were down slightly by 1%, which reflects tough market conditions. GTV per

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