GoTo turns EBITDA-positive in Q4, but losses more than double in 2023

GoTo turns EBITDA-positive in Q4, but losses more than double in 2023

Photo courtesy of GoTo.

Indonesia-listed tech giant GoTo’s losses widened by 124% during the financial year ended 2023, although it managed to hit a positive adjusted EBITDA in Q4 2023, according to an announcement on Tuesday. 

Edited by: Joymitra Rai

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