Ten years since its inception, Deliveroo has finally hit EBITDA profitability, though it remains far from its ultimate aim of becoming fully profitable after posting a loss of more than a quarter of a billion pounds.
The food delivery business posted a 14% increase in revenues to just shy of £2 billion for 2022, while its EBITDA margin hit 0.2% in the second half of the year, up from -1.5%.
