Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 552

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1A
Chunk 552
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567 54,567 Equity method income2,606 — — 2,606 Operating income (loss)$631,192 $18,045 $(363,079)$286,158 Interest expense, net(509,643)Other, net(5)(21,587)Loss on extinguishment of debt, net(37,994)Equity method income2,606 Benefit for income taxes1,777 Loss from continuing operations$(278,683)

Year Ended December 31, 2023TravelSolutionsHospitality SolutionsCorporateTotalAdjusted EBITDA$558,183 $13,212 $(234,249)$337,146 Less: Depreciation and amortization of property and equipment(3b)65,814 18,867 727 85,408 Amortization of capitalized implementation costs(3c)17,400 5,631 — 23,031 Acquisition-related amortization(3a)— — 40,237 40,237 Restructuring and other costs(4)— — 72,096 72,096 Acquisition-related costs(6)— — 2,336 2,336 Litigation costs, net(7)— — 1,387 1,387 Indirect tax matters(8)— — 11,451 11,451 Stock-based compensation— — 52,015 52,015 Equity method income2,042 — — 2,042 Operating income (loss)$472,927 $(11,286)$(414,498)$47,143 Interest expense, net(447,878)Other, net(5)13,751 Loss on extinguishment of debt(108,577)Equity method income2,042 Provision for income taxes(34,729)Loss from continuing operations$(528,248)

31

Year Ended December 31, 2022TravelSolutionsHospitality SolutionsCorporateTotalAdjusted EBITDA$323,803 $(29,794)$(228,672)$65,337 Less:Depreciation and amortization of property and equipment(3b)78,601 16,715 1,081 96,397 Amortization of capitalized implementation costs(3c)31,912 5,070 — 36,982 Acquisition-related amortization(3a)—