Airbnb business outside US, China had $46 million profit in 2018

Airbnb’s business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.

Airbnb International Unlimited Company is incorporated in Ireland and is a wholly owned subsidiary of Airbnb Inc. The filings are public for the first time following a change to the Irish Companies Act.

Revenue, which is only the fee collected by Airbnb and not the total collected from hosts, was nearly $2.42 billion in 2018, up more than 35 per cent for the international business excluding the United States and China.