Alexander Mau's questions to DESP leadership • Q4 2023
Question
Asked about the performance outlook for the Koin financial services business in 2024, its synergies, and the factors that led to it achieving breakeven.
Answer
Koin achieved a $3 million positive EBITDA in Q4 due to growth with strong unit economics. For 2024, it is expected to continue its profitable growth trajectory, generating positive EBITDA and positive cash flow, while providing synergies to the core business.