Just Eat Takeaway.com has released its Full Year 2024 report, highlighting substantial achievements in product development and partner expansion in various verticals. Following the sale of its US operations, the company has entered a phase of focused growth, resulting in enhanced profitability. Despite a slight decline in total revenue and a reported net loss, gains in adjusted EBITDA—particularly in the UK and Ireland—reflect operational efficiencies. The CEO's vision for 2025 aims for accelerated growth driven by increased investments in Europe and the UK and Ireland, indicating a robust strategic outlook.
In 2024, we achieved significant milestones. We advanced our products, further expanded our partner base, particularly in verticals like grocery, electronics, and pharmacy, and made strategic portfolio decisions that positioned the company well for long-term success.
Following the sale of our US operations, Just Eat Takeaway.com has become a more focused, faster-growing, and more profitable business.
GTV for the Group including North America was €26.3B in 2024, down 2 per cent in constant currency compared with 2023.
Adjusted EBITDA rose significantly to €460M from €339M in 2023, with the largest gains seen in the UK & Ireland due to cost efficiencies.
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