KKR-backed PH unicorn Voyager's losses widened in 2021 even as revenue grew

KKR-backed PH unicorn Voyager's losses widened in 2021 even as revenue grew

Philippine technology firm Voyager Innovations‘ net loss widened in 2021 to 5.6 billion pesos (about $95 million) even as it posted higher revenues of about $90 million for the year ended December 31, 2021.

In a filing to Singapore’s Accounting and Corporate Regulatory Authority (ACRA), Voyager disclosed that its net loss widened by 16% from $76 million in 2020 although its revenue increased by 13% from a year earlier.

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