Jeff Lawson
๐ค SpeakerAppearances Over Time
Podcast Appearances
cheaper, that doesn't immediately make me think profit driving, David, in that way.
And so talk about your targets.
You've got this one billion EBITDA by 2027.
And Bloomberg Intelligence and Warren, that looks pretty ambitious at this stage.
Well, so when I say cheaper, I mean the lowest cost way, right?
And that's the thing is I want our cost position to be really good.
To your point, like our goals, which we set out a couple of years ago, our top line growth of 15% mid-teens year on year, we're very much on track for that.
And bottom line growth getting to a billion dollars of adjusted EBITDA, which would be 4% margin, very much on track for that.
But what it means is you've got to be really smart about managing your costs.
You've got to be really good about kind of managing your quality.
And we're doing really well on both.
We've just made progress.
As I say, we've had our best profitable, highest profitable quarter just this past Q4.
I think, therefore, go back to the AV world because there is this ongoing anxiety that the competition is just going to get so fierce.
Are you set up to win?
What are you saying to convince the investor base they shouldn't be selling off your shares like this?
Yeah, I think that the way to think about AVs is they're going to be good for the whole industry, the rideshare industry, because as I say, it's a good new product at a lower cost.
And I think why we are particularly well positioned is we have demand that runs to the two, three, four million people a day level.
So we have lots of demand for this.
And you know what they want?