doordash inc on thursday reported a much wider fourthquarter net loss than expected though the company beat most other wall street estimates including for revenue orders and its firstquarter forecast doordash dash shares climbed nearly 14 after hours after falling 19 in the regular session to close at 6687 the deliveryplatform company reported a fourthquarter loss of 642 million or 165 a share on 18 billion in revenue analysts had expected a net loss of 265 million or 67 cents a share on revenue of 177 billion the company attributed the loss to factors including impairment charges related to its acquisition of europebased delivery company wolt and stockbased compensation related to the layoffs doordash announced in november despite that loss ravi inukonda doordash’s vice president of finance who was just announced as the company’s new chief financial officer effective march 1 told marketwatch in an interview thursday that the company came out of 2022 a “stronger and more profitable company” pointing to what he said was doordash’s 11th consecutive quarter of “ebitda profitability” though the company lost more than 1 billion for the year the company’s adjusted fourthquarter earnings before interest taxes depreciation and amortization or ebitda rose to an alltime high of 117 million beating analyst estimates of 109 million fullyear ebitda was 361 million beating expectations of 354 million inukonda also said doordash had its best quarter ever with users of the platform continuing to order food as well as try other offerings in grocery and convenience fourthquarter revenue rose 40 year over year the company had a record 467 million orders and its gross order value rose to 144 billion analysts had expected 4595 million orders and 141 billion in gross order value the company ended the year with 32 million monthly active users an increase of 7 million from the end of 2021 doordash gained 5 million dashpass members year over year bringing its total membership to 15 million which the company said leads the industry for the full year doordash reported a net loss of 137 billion or 368 a share on revenue of 658 billion analysts had expected a fullyear loss of 989 million or 265 a share on revenue of 655 billion the losses affected cash flow and the company ended the year with free cash flow of 21 million way short of the 229 million expected by analysts the doordash board has announced a 750 million stock buyback which follows a 400 million buyback announced last may doordash expects firstquarter adjusted ebitda of 120 million to 170 million and gross order value of 151 billion to 155 billion analysts had forecast a loss of 68 cents a share on revenue of 188 billion ebitda of 128 million and gross order value of 15 billion for the full year the company expects adjusted ebitda to grow sharply from 2022 in the range of 500 million to 800 million it also expects gross order value of 60 billion to 63 billion analysts expect 628 billion in gross order value and ebitda of 582 million as for the executive changes inukonda who has been with doordash since late 2018 is replacing cfo prabir adarkar who will become president and chief operating officer of the company christopher payne president and coo of doordash for more than seven years is retiring but will remain with the company as an advisor through may doordash shares have risen about 37 year to date while the sp 500 index spx has increased about 7 so far this year