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January 2018 Corporate Presentation as of 3Q17

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January 2018

Corporate Presentation as of 3Q17

This presentation includes forward-looking statements. We have based these forward-looking statements largely on our current beliefs, expectations and projections about future

events and financial trends affecting our business and our market. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-

looking statements, including: political, social and macroeconomic conditions in Latin America; currency exchange rates and inflation; current competition and the emergence of new

market participants in our industry; government regulation; our expectations regarding the continued growth of internet usage and e-commerce in Latin America; failure to maintain

and enhance our brand recognition; our ability to maintain and expand our supplier relationships; our reliance on technology; the growth in the usage of mobile devices and our ability

to successfully monetize this usage; our ability to attract, train and retain executives and other qualified employees; and our ability to successfully implement our growth strategies.

We operate in a competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties

that could have an impact on the forward-looking statements contained in this presentation. The words “believe,” “may,” “should,” “aim,” “estimate,” “continue,” “anticipate,” “intend,”

“will,” “expect” and similar words are intended to identify forward-looking statements. Forward-looking statements include information concerning our possible or assumed future

results of operations, business strategies, capital expenditures, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future

regulation and the effects of competition. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or to revise any

forward-looking statements after the date of this presentation because of new information, future events or other factors, except as required by law. In light of the risks and

uncertainties described above, the future events and circumstances discussed in this presentation might not occur or come into existence and forward-looking statements are thus not

guarantees of future performance. Considering these limitations, you should not make any investment decision in reliance on forward-looking statements contained in this

presentation.

This presentation includes industry, market and competitive position data and forecasts that we have derived from independent consultant reports, publicly available information,

industry publications, official government information, other third-party sources and our internal data and estimates. Independent consultant reports, industry publications and other

published sources generally indicate that the information contained therein was obtained from sources believed to be reliable. The inclusion of market estimations in this presentation

is based upon information obtained from third-party sources and our understanding of industry conditions. Although we believe that this information is reliable, the information has not

been independently verified by us. Trademarks and service marks appearing in this presentation are the property of their respective holders. This presentation includes data from

Euromonitor. Information sourced to Euromonitor is from independent market research carried out by Euromonitor International Limited as part of its annual Passport research.

Euromonitor makes no warranties about the fitness of this intelligence for investment decisions.

This presentation is strictly confidential, is for informational purposes only and may not be relied upon in connection with the purchase or sale of any security. You may not disclose

any of the information contained herein to any other parties without the company’s prior express written permission. This presentation is made pursuant to Section 5(d) of the

Securities Act of 1933, as amended, and is intended solely for investors that are either qualified institutional buyers or institutions that are accredited investors (as such terms are

defined under Securities and Exchange Commission (“SEC”) rules) solely for the purpose of determining whether such investors might have an interest in a securities offering

contemplated by Despegar.com, Corp. Any such offering of securities will only be made by means of a registration statement (including a prospectus) filed with the SEC, after such

registration statement is declared effective. No such registration statement has been declared effective as of the date of this presentation. This presentation shall not constitute an

offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would

be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

2

Disclaimer

Leading OTA in Latin America…

Pan-regional OTA operating across 20 markets with leading brand awareness in key markets, including Brazil and Argentina(1)

18 years operating history

Deep expertise and ability to address market specific needs in a growing $30Bn market(2) opportunity

Comprehensive product offering including air, packages, hotels and other travel products to a large customer base

Best in class mobile offering

Served over 3.6 million customers during 9M17, up 19% YoY

3

$491 MillionRevenue

$4.2 BillionGross Bookings(3)

High Growth

27%Revenue

34%Gross Profit

9M16 to 9M17(5)

2017 LTM(4)

Revenue Diversification

54%

46%

Air Packages,

Hotels and

Other

Travel

Products

9M17 Revenue

41%

34%

25%

9M17 Transactions(6)

Other

Brazil Argentina

Significant Scale

72% Adj. EBITDA

Notes

(1) Based on search engine trend data that is based on the relative number of searches of brand related keywords in Google as of September 30, 2017

(2) $30Bn estimated online travel market as of 2016 based on airlines, lodging, attractions and car rentals data from Euromonitor

(3) Gross bookings is the aggregate purchase price of all travel products booked by Despegar customers through its platform during a given period

(4) As of last twelve months ended September 30, 2017

(5) % change from September 30, 2016 YTD audited consolidated financial statements to September 30, 2017 YTD unaudited consolidated financial statements

(6) Number of transactions is the total number of customer orders completed on our platform in a given period

…with a Track Record of Continued Growth in New Markets

and Products

4

Start-Up Successfully Established and Grew Our Strategic Platform Path to Further Growth

Launched travel affiliates

program and travel

insurance product

2015

10 million downloads of

our mobile app

Reached ~50% mobile

traffic

Deepened strategic

partnership with Expedia,

including its equity

investment in our

company

Launched bus

business and local

concierge product as

part of destination

services

2016

Migrated all call center

sales to online

2007

Expanded to

Peru

2014

2012

Launched packages,

rental cars and cruise

products

2013

Launched destination

services and

vacation rentals offering

2009

Expanded to Bolivia, Costa Rica, Dominican

Republic, Ecuador, Guatemala, Nicaragua,

Panama, Paraguay and Puerto Rico

Launched Hotels product

Launched mobile app

1999

2000

2001

Launched site in Argentina

Expanded to Brazil,

Chile, Colombia,

Mexico, and Uruguay

Expanded to United States and Venezuela

Reached 1 million

downloads of the mobile app

2.7 MM4.0 MM48% Growth in

Customers

2012 2016

2017

Why Despegar

Virtuous Cycle Underpinned by Scale, Brand and Effective Marketing

Strong Financial Position with Significant Growth Potential

Experienced Management Team

Significant Market Opportunity Driven by Multiple Secular Trends

Leading & Comprehensive Travel Offering, with Numerous Payment Methods

Leading Mobile Offering & Powerful Data Analytics

1

2

3

4

5

6

5

Operating at Significant Scale in a Rapidly Growing

Online Travel Market…

6

USD Bn

Notes

(1) Online travel market from Euromonitor including airlines, lodging, attractions and car rentals. Air segment includes all Latin American countries and outbound globally; US$ ticket values includes round trip for intra-country, single trip for intra-region and single trip for outbound

trips; Online Air includes direct and intermediaries sales; Offline Air covers all transactions that are not booked or paid over the internet

(2) Despegar market share in terms of online travel market in Latin America by gross bookings

$3.3Bn

Bookings

$30Bn

Online Travel

Market

$98Bn(1)

Total Travel Market

$48Bn

Estimated

Online Travel Market

$131Bn(1)

Estimated

Total Travel Market

Market Share(2): ~11%

Despegar

Online Travel Market

$30Bn

50%

48%

Airlines

Lodging

Attractions &

Car Rentals 2%

2020E2016

Source: Euromonitor

Latin America Travel Market Size

1

…That is Highly Underpenetrated

(% Online Penetration)

Source: Euromonitor

2016 Online Travel Penetration by Region

$3.3Bn

Bookings

Despegar

30%

36%

49%

52%

LatinAmerica

Asia US WesternEurope

1

7

Supplier Fragmentation Underpins Revenue Resiliency…

And Hotel Segment in Terms of Market Share

United StatesLatin America

(% of hotels gross bookings as of 2015)

All Other

32%

All Other

85%

Top 10

Hotel

Chains

15%

Latin America Airline Market is Highly Fragmented

United States

All Other

60%

Top 4

Airlines

40%All Other

48%

Top 10

Hotel

Chains

52%

(% of air gross bookings as of 2015)(1)

All Other

32%Top 4

Airlines

68%

Major hotel chains in Latin America account for only 46% of

total capacity compared to 72% in the United States

Growing number of smaller airlines, including low-cost airlines, are driving

this fragmentation

All Other

85%

Top 4

Airlines

68%

All Other

32%

Top 10 Hotel

Chains 15%

All Other

48%

Top 4

Airlines

40%

All Other

60%

Top 10

Hotel

Chains

52%

Latin America

Source: Euromonitor, CAPA Center for Aviation, Skift and SiteMinder

Note (1) Includes international and domestic flights.

1

8

… while Attractive Consumer & Economic Trends Support

Online Travel Growth

35%

74% 71%

52%

82% 81%

50%

66%

AsiaPacific

Latin America WesternEurope

North America

Notes

(1) Retail value (RSVP) including sales tax, at fixed 2016 exchange rates

(2) Percentage of total population using internet

(3) Millions of credit card transactions CAGR calculated for 2015-2020E period

Source: Euromonitor

Strong Regional Economic Rebound And Increasing Credit Card Use as a Means of Payment

Real GDP CAGR (%)

2012 – 2016 2017E – 2021E

2017E – 2021E

Secular Ecommerce Growth Driven by Increasing Internet Penetration

Internet User Penetration (%)(2)Internet Retail Market Size CAGR (%)(1)

2015 2020E

10%

14% 14%

20%

Western

Europe

North

America

Asia

Pacific

Latin

America

+2.9x

+1.3x

3.5%

6.3%

9.6%

Argentina Brazil U.S.

2015 – 2020E

Credit Card Transactions CAGR (%)(3)

1

9

1.8%2.1%

0.9%

5.6%

1.7% 1.9%2.6%

5.3%

WesternEurope

US Latin America Asia Pacific

Local Knowledge and Industry Leadership Provide

Unique Competitive Advantages

Complexities of Latin America Market Present Significant Barriers to Entry

Over 20 Different Tax Regimes Across Despegar’s Markets

Political & Regulatory Intricacies

Different Languages, Local Customs and Travel Preferences

Transitioning from Cash to Electronic Payments and

Installments

Proven Experience in Managing Currency Volatility

Highly Fragmented Market

10

2

Leveraging Air Purchases to Drive Packages, Hotels

& Other Products

Air Products

Packages, Hotels &

Other Products

Significant Cross Sell Opportunity

Differentiated Platform Connecting Customers with Suppliers

Drive Margin & Profitability

Generated 54% of Revenue in 9M17

11Notes

(1) Refers to customers repeat customers who had previously purchased other travel products through Despegar’s platform as of September 30th 2017

(2) Inventory figures as of end of June 2017

2

250+Airlines

300K+Hotels (Including

Vacation Rentals)

900+Car Rentals

200+Bus Carriers

250+ Destination Service Suppliers

6 Cruise Lines

7,000+ Activities

Flexible Payments through Financing Arrangements

with Banking Partners

Large Market

OpportunityScalable Technology

Platform

Full Service Product Offering

& Flexible Financing

Broad Supplier

Base(2)

Latin America

Travel Market

Flexible Payment Solutions Enhance Market Appeal…

Note

(1) In Brazil, we generally receive payment from the installment financing bank only after each scheduled payment due date from the customer (whether or not the makes the scheduled payments to the bank)

• ~54% of Despegar Transactions in

1H2017 were in installments

• Installments Paid Upfront to Despegar in

Most Markets(1)

• No Collection Risk for Despegar

Despegar

Primarily Merchant of Record Rather Than Agent1

Overlapping Customer Base with Banks2

Brand / Scale Attract Partnerships3

Dynamic Marketing Campaigns4

Increase Customers’ Purchase Capacity5

Key Characteristics

2

12

… and Customer Experience2

13

Pay with 1 or 2 credit cards

Installments with no interest

Pay at destination

Limited time offer

More bank options

Broader and Differentiated Competitive Position2

14

Global OTAs

Local Offline Travel

Agencies

Smaller Online Travel

Agencies

Pan RegionalBrand

and Scale(1)

InstallmentPayment Options

Multi-Product Offering

Air + HotelInsurance + Cars

+ Dest. Serv.

Latin American Customer Focused

(Argentina)

Pre-Set Packages(Chile)

(Colombia)

(Mexico)

(Brazil)

Note

(1) Based on presence across Latin America (Argentina, Brazil, Mexico, Chile, Colombia) measured by branded search recognition for September 30th 2017 from Google’s Share of Voice report (Google’s Trend data)

Vacation Rentals

Virtuous Cycle Based on Increasing Scale and Brand

Recognition 3

15

Strong Brand Recognition and Awareness3

US$1Bn+ Invested Since

our Founding(1)

Notes

(1) Marketing investments include marketing personnel as of June 30th 2017

(2) Includes traffic on desktop website, mobile desktop and mobile App

(3) As of September 30, 2017

Strong Brand Awareness Drives Direct Traffic to Platform

% Traffic Source by Channel as of 1H2017(2)

Direct

~52%

Indirect

~48%

1999 9M2017

Cumulative Marketing Investment

Approximately 9MM user

generated reviews(3)

16

Marketing Dollars Focused on Driving Profitable Growth…

…Drives Growth Proven Marketing Investment Strategy…

(US$MM)

Dynamic Budget Allocation

Performance Optimization Tailored to our

Business Needs and Markets

Custom Attribution Model

Maximize Growth at ROI target

“Always On” Strategy

Cross-Device Insights and Custom Attribution

Model and Bidding Tools

3

$422$411

$300

$380

40%

30% 30%32%

20%

25%

30%

35%

40%

45%

50%

55%

60%

65%

100

150

200

250

300

350

400

450

500

FY15 FY16 9M16 9M17

Revenue Sales & Marketing % of Revenue

17

…And Supporting Our High Brand Recognition3

Argentina

Brazil Chile

Colombia

Mexico Latin America

1st

1st

Branded Search Recognition by Country for 3Q2017

Global Player Local Player

Source: Google’s Share of Voice report based on Google’s Trend data as of September 30th 2017. Graph shows the relative number of searches of the Brand related keywords.

23%

15%11%

8% 7% 7%

Tiquetes Decameron Booking Trivago Atrapalo

34%

16%

9% 9% 7% 5%

Booking.com Trivago Almundo AirBnB Tripadvisor

28%

18%14%

11%7%

4%

CVC Booking Trivago AirBnB Hotel Urbano

32%

16%12%

8% 7% 6%

Booking Falabella Trivago AirBnB Cocha

27%

13% 11% 9% 8%4%

Booking Trivago CVC AirBnb Tripadvisor

22%

15% 14% 12%9% 7%

Trivago Bestday AirBnB Expedia Booking

18

Scalable Technology Platform Built for Continuous

Innovation~$189MM(3) Invested in Technology and Product Development Over the Last 3 Years

Notes

(1) From company data, in a period of approximately three months (March 20, 2017 to June 12, 2017) during the first half of 2017

(2) As of June 30, 2017

(3) Includes investments in Technology and Product Development during the year ended December 31, 2015 and 2016 and nine months ended September 30, 2017

4

19

Sophisticated Data Collection and Analytics…

Tracking search history

Geolocation

Personalized landing pages

Self-Managed

Post Sale Experience

Personalization

And Cross-Selling Robust User

Centric Team

Tracking

Performance

Metrics

…To Better Understand Local Customers And Travel Preferences

Supported by 800

Developers & Technology

Professionals

Rapid Product

Development(One update approximately

every 3 minutes)(1)

Enhanced Fraud

Prevention

Mechanisms

Award Winning

Mobile Platform

Our Mobile First Approach4

20

Source: Internal data

Notes

(1) Despegar believes its iOS App Store and Google Play apps are the most downloaded OTA apps in Latin America for the period from 2012 to 2017

(2) Downloads based on internal data, and as of November 30, 2017. Star ratings as of December 26, 2017

(3) Includes reviews for both Despegar and Decolar apps on iOS App Store and Google Play as of end-of-month December 2017

35+ MillionCumulative App Downloads(2)

4.4 Stars Rating on Apple App Store

Based on 2.39k reviews(3)

Most Downloaded OTA App in the Region(1)

Apple App Store Google Play App Store

4.4 Stars Rating on Google Play

Based on 147,405 reviews(3)

Mobile Transactions up +56% 9M16 to 9M17

Share of mobile transactions

+550bps YoY to 29%9M16 to 9M17

Differentiated Pricing to Incentivize Specific Customer

Behavior

No Discount Special Discount for Being

Logged In as a User

Special Discount for Having

Booked a Flight Recently

Exclusive In-App

Special Discount

4

21

41%

13%6%

20%

20%

Experienced Management Team and Blue Chip Investors

Focused on Long Term Success5

Damián Scokin Chief Executive Officer

Mike Doyle Chief Financial Officer

Gonzalo Estebarena Commercial Director

Sebastián Mackinnon Head of Air

Martín Molinari Head of Packages, Hotels

and Other Travel Products

Andres Patetta Chief Marketing Officer

Leandro MalandriniHead of Product Mgmt. &

UX

Alejandro Stein Head of Operations

BackgroundTitleExecutive BackgroundTitleExecutiveOwnership Structure*

22

* Includes vested and unvested employees options of 3.8

million @ $26 per share plus ~0.2 million of vested restricted

shares

Financial Highlights6

1. Operating at Significant Scale in a Rapidly

Growing, Multi-Billion Dollar Market

2. Accelerating Revenue Growth Driven by

Packages and Hotel Segments

3. Strong Transaction Growth Driven by High

Repeat Customer Purchase Activity

4. Operating Leverage Driving Increased

Margins

5. Favorable Working Capital Dynamics

23

Strong Business Momentum in 2017 with Strategic Initiatives

Driving Higher Margin Packages, Hotels and OTPs…

Total Transactions by Segment

In millions

Gross Bookings

In US$ Bn

3.6 3.3

2.3

3.2

'-

0.6

1.1

1.7

2.2

2.8

3.3

3.9

2015 2016 9M16 9M17

6

4.4 4.3

3.03.9

3.33.0

2.2

2.7

7.77.2

5.2

6.6

'-

1.3

2.5

3.8

5.0

6.3

7.5

8.8

2015 2016 9M16 9M17

24

52% 50% 49% 46%

48% 50% 51% 54%

0

0.25

0.5

0.75

1

1.25

2015 2016 9M16 9M17

Air Packages, Hotels & OTPs

… Supporting Revenue Growth and an Increasingly

Diversified Mix…

Total Revenue

In US$ millions

421.7 411.2

300.0

379.9

'-

65.0

130.0

195.0

260.0

325.0

390.0

455.0

2015 2016 9M16 9M17

Revenue Mix

% of total revenue

60.8 69.3 71.2 74.8

2015 2016 9M16 9M17

Revenue per Transaction

In US$

50.148.4 48.5

44.9

2015 2016 9M16 9M17

6

25

… along with Robust Adjusted EBITDA Expansion

Adjusted EBITDA and Adjusted EBITDA margin (%)

In US$ millions and % of revenues

-39.1

48.637.4

64.2

2015 2016 9M16 9M17

11.8%-9.3% 12.5% 16.9%Adjusted EBITDA Margin

6

26

Increase in Cash and Cash Equivalents

In US$ millions

-55

1239

4

-19

10

254

1Q16 1Q17 2Q16 2Q17 3Q16 3Q17

Cash Excluding IPO Proceeds IPO Proceeds

Solid Balance Sheet and Strong Cash Flow Generation

Cash Flow Cycle In the Pre-Pay / Merchant Business Model

Consolidated Cash Flow Data

In US$ millions

Installments are only offered in transactions sold with the Pre-Pay /

Merchant Model and represent ~54% of total transactions(2)

Average Time

to Check-in

Booking by

Customers

Despegar

Pays Supplier

Despegar Receives

Cash from Customer

Payments

21 3 4

Typically less than one month(3)

Brazil w/

Installments

All

Other

Scheduled payment due date from the customer

Cash Positive (+)

Notes

(1) Cash flows timeline for illustrative purposes only. Various factors could cause actual payment timing to differ from those in the

example timeline, including supplier practices, payment method and factoring arrangements

(2) Approximately 54% of our transactions in 1H2017 were paid by installment

(3) In all markets except Brazil, we typically receive payment in less than one month after booking

6

27

2015 2016 9M16 9M17

Net cash flow provided by / (used in) operating activities (24.2) (43.3) (60.9) 36.0

Net cash flows (used in) / provided by investing activities (81.0) 14.4 24.2 (11.3)

Net cash flows provided by financing activities 198.8 5.1 3.5 255.3

- Net IPO proceeds 254.3

Effect of FX rate changes on cash and cash equivalents (12.5) (2.4) (2.0) 0.1

Net Increase/ (decrease) in cash and cash equivalents 81.1 (26.1) (35.3) 280.1

Operating Model

2015 2016 9M16 9M17

Revenue as % of Gross

Bookings11.7% 12.6% 13.3% 11.9%

Gross Profit 63.4% 69.2% 68.9% 72.6%

Selling & Marketing 40.3% 29.5% 29.7% 31.6%

Technology & Product

Development17.4% 15.4% 15.7% 13.7%

General & Administrative 18.5% 15.7% 14.2% 13.9%

Adjusted EBITDA(2) -9.3% 11.8% 12.5% 16.9%

Notes

(1) As a percentage of revenue unless otherwise stated

(2) Adjusted EBITDA removes the effects of Depreciation, Amortization and Share Based Compensation expense; refer to last page for EBITDA reconciliation

(3) Based on unaudited consolidated financial statements for the nine months ended September 30, 2017

6

28

Strategic Priorities Driving Growth and Leadership

REPEAT PURCHASE RATE

ADDRESS NEW CUSTOMERS

CAPTURE HIGH SHARE OF

WALLET

INCREASE & OPTIMIZE

INVENTORY

EXPAND MARGINS

BROADEN PLATFORM &

MARKET SHARE GAIN

IMPROVE CUSTOMER

EXPERIENCE

INCREASE CONSUMER

ENGAGEMENT

EXPAND REACH

IN THE REGION

ENHANCE PRODUCT

OFFERING & CROSS-SELL

DEEPEN RELATINOSHIPS

WITH SUPPLIERS

FURTHER INVESTMENT

IN MOBILE PRODUCTS

INVEST IN IT & DATA TO DRIVE

OPERATIONAL EFFICIENCY

PURSUE STRATEGIC

ACQUISITIONS

29

Appendix

Key Financial & Operating Trended Metrics (in thousands U.S. dollars, unless otherwise stated)

31

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17

FINANCIAL RESULTS

Revenue $95,115 $98,797 $106,088 $111,162 $124,999 $123,462 $131,468

Cost of revenue 33,494 33,752 26,150 33,279 31,140 35,087 37,869

Gross profit 61,621 65,045 79,938 77,883 93,859 88,375 93,599

Operating expenses

Selling and marketing 28,577 29,133 31,374 32,382 35,546 43,289 41,097

General and administrative 15,186 13,960 13,576 21,961 18,869 18,618 15,318

Technology and product development 15,561 15,942 15,718 16,030 15,408 17,644 18,907

Total operating expenses 59,324 59,035 60,668 70,373 69,823 79,551 75,322

Operating income 2,297 6,010 19,270 7,510 24,036 8,824 18,277

Net financial income (expense) (386) (3,653) (850) (1,863) (6,156) (1,611) (2,880)

Net income before income taxes 1,911 2,357 18,420 5,647 17,880 7,213 15,397

Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190

Net income /(loss) (735) 179 14,353 4,000 15,394 3,407 11,207

Net income/ (loss) ($735) $179 $14,353 $4,000 $15,394 $3,407 $11,207

Add (deduct):

Financial expense, net 386 3,653 850 1,863 6,156 1,611 2,880

Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190

Depreciation expense 1,265 1,263 1,450 1,111 1,343 1,362 1,337

Amortization of intangible assets 1,728 1,918 2,060 2,129 1,517 2,039 2,454

Share-based compensation expense 50 50 50 424 1,176 930 959

Adjusted EBITDA $5,340 $9,241 $22,830 $11,174 $28,072 $13,155 $23,027

Net Increase (Decrease) in Cash & Cash

Equivalents($55,203) $38,656 ($18,707) $9,106 $12,314 $3,825 $263,911

Key Financial & Operating Trended Metrics (cont.)(in thousands U.S. dollars, unless otherwise stated)

32

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17

KEY METRICS

Operational

Number of transactions 1,632 1,706 1,839 2,035 2,129 2,210 2,298

- YoY growth (6%) (8%) (9%) (3%) 30% 30% 25%

Air 927 1,009 1,089 1,225 1,246 1,325 1,328

- YoY growth (1%) (4%) (4%) (3%) 34% 31% 22%

Packages, Hotels & Other Travel Products 704 697 750 810 883 885 970

- YoY growth (13%) (12%) (16%) (2%) 25% 27% 29%

Gross bookings $661,577 $755,413 $844,782 $998,462 $1,019,102 $1,061,026 $1,116,022

- YoY growth (19%) (13%) (10%) 3% 54% 40% 32%

Revenue per transaction $58.3 $57.9 $57.7 $54.6 $58.7 $55.9 $57.2

- YoY growth 5% 4% 8% 0% 1% (4%) (1%)

Air $44.8 $50.2 $50.1 $48.1 $44.8 $46.0 $44.1

- YoY growth (11%) (4%) 4% (4%) (0%) (8%) (12%)

Packages, Hotels & Other Travel Products $76.1 $69.1 $68.6 $64.4 $78.4 $70.7 $75.2

- YoY growth 23% 16% 13% 5% 3% 2% 10%

ASP $405 $443 $459 $491 $479 $480 $486

- YoY growth (13%) (6%) (1%) 6% 18% 8% 6%

Unaudited Consolidated Balance Sheets (in thousands U.S. dollars)

33

As of September 30, 2017 As of December 31, 2016

LIABILITIES AND SHAREHOLDERS’ DEFICIT

Current liabilities

Accounts payable and accrued expenses 39,512 25,335

Travel suppliers payable 132,502 102,237

Related party payable 80,962 71,006

Loans and other financial liabilities 8,092 7,179

Deferred Revenue 24,003 29,095

Other liabilities 51,961 49,686

Contingent liabilities 4,546 3,613

Total current liabilities 341,578 288,151

Non-current liabilities

Other liabilities 1,302 409

Contingent liabilities 10,011 22,413

Related party liability 125,000 125,000

Total non-current liabilities 136,313 147,822

TOTAL LIABILITIES 477,891 435,973

SHAREHOLDERS’ EQUITY (DEFICIT)

Common stock 1 254,311 6

Additional paid-in capital 315,220 312,155

Other reserves (728) (728)

Accumulated other comprehensive income 16,469 16,286

Accumulated losses (379,974) (409,982)

Total Shareholders' Equity Attributable to

Despegar.com Corp205,298 (82,263)

TOTAL LIABILITIES AND SHAREHOLDERS’

EQUITY683,189 353,710

1. Represents 58,518 (at USD 0.0001) and 10,579 (issued at USD 26, incorporated at USD 24, net of issuance expenses) thousands

shares issued and outstanding at September 30, 2017 and 58,518 (at USD 0.0001) thousands shares issued and outstanding at

December 31, 2016.

As of September 30, 2017 As of December 31, 2016

ASSETS

Current assets

Cash and cash equivalents $356,018 $75,968

Restricted cash and cash equivalents 30,020 22,738

Accounts receivable net of allowances 160,061 121,098

Related party receivable 4,581 2,240

Other current assets and prepaid expenses 32,837 27,184

Total current assets 583,517 249,228

Non-current assets

Restricted cash and cash equivalents 10,000 20,459

Property and equipment net 15,413 13,717

Intangible assets net 34,236 31,412

Goodwill 40,023 38,894

Total non-current assets 99,672 104,482

TOTAL ASSETS 683,189 353,710

Investor Relations Contact

Ines Lanusse

IR and External Communications Manager

Phone: (+5411) 4894 3582

E-mail: [email protected]