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Unity says 2023 comparable base starts with  $1.7B in revenue, $274M in EBITDA
The Fly

Unity says 2023 comparable base starts with $1.7B in revenue, $274M in EBITDA

Says had this onetime gain from wet foreign exchange. Says showed that at $99M in revenue, for example. Says had a $102M benefit in EBITDA. Says you have to take that into account because that’s a onetime gain. Says portfolio changes were $283M in 2023. Says most of that is in growth, a small portion to be precise, EUR 15M is within growth, which is the Luna business. Says have to take that into account that operated at a significant loss, which is why the company is exiting these businesses because it could not create a return. Says did not quantify that because it’s not audited, but it’s a very significant number. Says customer credits which was $72M in revenue and $72M in EBITDA at so if you really look at the comparable base for 2023, you should start with $1.7B in revenue and $274M in EBITDA. Comments taken from Q4 earnings conference call.

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