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SABR Price Correlated With Financials For Sabre

Free historical financial statements for Sabre Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 35 quarters since 2014. Compare with SABR stock chart to see long term trends.

SABR Stock Compared to Quarterly

SABR Income Statement

Revenue, Net:663394000
Revenue Per Share:2.0203
Cost of Goods & Services Sold:274330000
Selling, General & Admin Expense:172359000
Operating Income:-141143000
Income Taxes:-6989000
Net Income:-140722000
Earnings Per Share, Basic:-0.43
Shares Outstanding, Basic Avg:328361211

SABR Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:43359000
Net Cash from Operations:-102458000
Net Cash from Operations Per Share:-0.312
Cash Dividends Paid:null
Net Cash from Financing Activities:-21238000
Property, Plant & Equipment Purchases:20090000
Net Cash from Investing Activities:-85647000
Net Change in Cash & Equivalents:-209421000

SABR Balance Sheet

Cash and Cash Equivalents:803798000
Accounts Receivable, Net:400559000
Total Current Assets:1392658000
Property, Plant & Equipment, Net:231568000
Total Assets:5019622000
Accounts Payable:135256000
Current Portion of Long-Term Debt:23480000
Total Short-Term Liabilities:737648000
Long Term Debt, Non-Current Portion:4718970000

Insider Trading

SEC Form 4
Randolfi Michael O   Executive Vice President, CFO
100,000 sh at $5

Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
Blackrock Inc.
39,669,632 sh
39,117,632 sh
Vanguard Group Inc
32,266,198 sh
332,077 sh
Fundsmith Llp
22,732,769 sh
262,934 sh
Invesco Ltd.
17,498,423 sh
-144,779 sh
Earnest Partners LLC
15,590,538 sh
503,118 sh
Apollo Management Holdings, L.P.
14,400,819 sh
State Street Corp
10,492,477 sh
259,839 sh
Yiheng Capital LLC
10,421,742 sh
7,964,642 sh
Oak Hill Advisors Lp
10,177,079 sh
7,674,507 sh
Massachusetts Financial Services Co /Ma/
7,636,876 sh
861,574 sh
Knighthead Capital Management, LLC
7,489,151 sh
-510,849 sh
U S Global Investors Inc
6,393,631 sh
6,393,631 sh
Geode Capital Management, LLC
6,049,197 sh
119,867 sh
4,879,802 sh
-11,397 sh
Charles Schwab Investment Management Inc
4,816,944 sh
39,835 sh
Knighthead Capital Management, LLC
Call options for 4,500,000 sh
4,500,000 sh
New York State Common Retirement Fund
4,355,152 sh
-559,721 sh
Mondrian Investment Partners Ltd
4,226,829 sh
93,931 sh
Nuveen Asset Management, LLC
4,075,686 sh
-221,658 sh
General Information Sabre Corporation is a Delaware corporation formed in December 2006. On March 30, 2007, Sabre Corporation acquired Sabre Holdings Corporation (“Sabre Holdings”). Sabre Holdings is the sole direct subsidiary of Sabre Corporation. Sabre GLBL Inc. ("Sabre GLBL") is the principal operating subsidiary and sole direct subsidiary of Sabre Holdings. Sabre GLBL or its direct or indirect subsidiaries conduct all of our businesses. In these consolidated financial statements, references to “Sabre,” the “Company,” “we,” “our,” “ours” and “us” refer to Sabre Corporation and its consolidated subsidiaries unless otherwise stated or the context otherwise requires.

Recent Events— The travel industry continues to be adversely affected by the global health crisis due to the outbreak of the coronavirus ("COVID-19"), as well as by government directives that have been enacted to slow the spread of the virus. As expected, this pandemic has continued to have a material impact on our consolidated financial results in the first quarter of 2022. Despite the continued negative impacts of the COVID-19 pandemic on our business and global travel volumes, we have seen some continued improvement in our key volume metrics during the first quarter of 2022 as compared to the prior year as COVID-19 vaccines have continued to be administered and some travel restrictions have been relaxed. While domestic bookings continue to exceed international bookings, international bookings also continue to improve, resulting in year-over-year revenue improvement. With the continued increase in volumes, our incentive consideration costs have also increased significantly compared to the prior year.

The inputs into our judgments and estimates consider the economic implications of COVID-19 on our critical and significant accounting estimates. Our air booking cancellation reserve totaled $15 million and $18 million as of March 31, 2022, and December 31, 2021, respectively. Additionally, our allowance for credit losses at March 31, 2022 was $58 million, a decrease of $2 million from December 31, 2021. The provision for credit losses for the three months ended March 31, 2022 was $2 million, and for the three months ended March 31, 2021 was a reversal of $2 million due to the recovery experienced in 2021. See Note 5. Credit Losses.

We believe our cash position and the liquidity measures we have taken will provide additional flexibility as we manage through the global economic recovery from the COVID-19 pandemic. As a result, we believe that we have resources to sufficiently fund our liquidity requirements over at least the next twelve months; however, given the magnitude of travel decline and the unknown duration of the COVID-19 impact, we will continue to monitor our liquidity levels and take additional steps should we determine they are necessary.

Subsequent to the initiation of the current military conflict in Ukraine, we terminated our distribution agreement with Public Joint Stock Company Aeroflot Russian Airlines ("Aeroflot"). In addition, air travel in and to Russia, Ukraine, and Belarus has substantially declined, including as a result of sanctions imposed on those countries. While none of Russia, Ukraine, and Belarus constituted a significant portion of our financial results in 2021, we have experienced significantly reduced GDS bookings and passengers boarded in Russia, Belarus and Ukraine beginning in the middle of the first quarter of 2022, and these reductions are ongoing. For reference, our Travel Solutions revenue generated in Russia represented a low-single digit percentage of our total 2019 Travel Solutions revenue. An expansion in the scope of the current conflict or any economic disruption, or any expansion of sanctions or export controls, could have a material adverse effect on our results of operations.

Basis of Presentation— The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepte

Data imported from Sabre Corp SEC filings. Check original filings before making any investment decision.