Early this morning, Uber, an American taxi service company, released its first quarter financial report of fiscal year 2022. The report shows that in the quarter ended March 31, Uber’s revenue was US $6.854 billion, an increase of 136% compared with us $2.903 billion in the same period last year, and a year-on-year increase of 141% excluding the impact of exchange rate changes; The net loss attributable to Uber was US $5.93 billion, compared with us $108 million in the same period last year, a significant increase year-on-year.
According to the financial report, the gross bookings of Uber in the first quarter was US $26.449 billion, an increase of 35% compared with us $19.536 billion in the same period last year, and a year-on-year increase of 39% excluding the impact of exchange rate changes.
In Q1, the number of monthly active platform consumers of Uber was 115 million, an increase of 17% compared with 98 million in the same period last year. Uber’s total number of trips in the first quarter was 1.713 billion, an increase of 18% compared with 1.447 billion in the same period last year.
Uber’s net cash from business operations in the first quarter was $15 million, compared with $611 million for business operations in the same period last year. Uber’s free cash flow in the first quarter was $47 million, compared with $682 million in the same period last year.
On the same day, Uber shares fell $1.37, or 4.65%, to $28.10 in regular trading on the New York Stock Exchange. In the subsequent after hours trading as of 5:11 p.m. EDT on the 4th (5:11 a.m. Beijing time on the 5th), Uber’s share price fell again by $0.11, or 0.39%, to $27.99.