Almost half of Airbnb's $6 billion in earnings last year were through Dublin firm

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Almost half of Airbnb's $6 billion in earnings last year were through Dublin firm
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The $2.82 billion in revenues recorded by the Dublin-based firm account for 47% of Airbnb's global revenues of $5.99 billion last year.

Image: Shutterstock NEARLY HALF OF Airbnb’s $6 billion in earnings last year came through the main Irish arm of the company.

The main Irish arm of Airbnb returned to profit last year to record pre-tax profits of $121.49 million . Global revenues for the first nine months of this year confirm the ‘significant growth’ with revenues of $6.49 billion – an increase of $2 billion or 33% on the corresponding period for 2021. The note states that “the shift to a remote work model is a direct response to the change in how employees work due to the impact of Covid-19”.

Last year, combined salary and share-based payments costs totalled $48.17 million and average pay, including the share based payments, totalled $133,063.Last year, the profit took account of non-cash depreciation costs of $4.53 million and foreign exchange losses of $13.53 million.

 

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