GRAB · Forward model · Others
What has to happen in Others
Model as of
This page changes Others inside the complete GRAB model. Every other vertical, corporate programme and valuation assumption stays in the selected portfolio case.
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Others
Basis quarter$1M
Final quarter$1M
Implied CAGR0%
Final revenue mix0%
Everything Grab does not put in the three named segments. $1m of revenue in each of the last six quarters and Segment Adjusted EBITDA reported as less than $1m in absolute terms. It exists in this model only so that the four verticals sum to reported consolidated revenue with no residual in any quarter.
Last four quarters
2025 Q3
$1M
Reported
2025 Q4
$1M
Reported
2026 Q1
$1M
Reported
2026 Q2
$1M
Reported
Unallocated other services
Sequential growth
0.0%/qtr
decaying toward 0.0%
$1m for six straight quarters. Any growth rate on a $1m base is noise, so the line is held flat.
Others
Latest: $1M (2031Q2E)
| Period | Value |
|---|---|
| 2025Q1 | $1M |
| 2025Q2 | $1M |
| 2025Q3 | $1M |
| 2025Q4 | $1M |
| 2026Q1 | $1M |
| 2026Q2 | $1M |
| 2026Q3E | $1M |
| 2026Q4E | $1M |
| 2027Q1E | $1M |
| 2027Q2E | $1M |
| 2027Q3E | $1M |
| 2027Q4E | $1M |
| 2028Q1E | $1M |
| 2028Q2E | $1M |
| 2028Q3E | $1M |
| 2028Q4E | $1M |
| 2029Q1E | $1M |
| 2029Q2E | $1M |
| 2029Q3E | $1M |
| 2029Q4E | $1M |
| 2030Q1E | $1M |
| 2030Q2E | $1M |
| 2030Q3E | $1M |
| 2030Q4E | $1M |
| 2031Q1E | $1M |
| 2031Q2E | $1M |
Assumptions & reasoning
- FY2025 Others revenue was $4m against FY2024's $4m, and Grab has never described what sits inside it. Zero margin and zero capex are the honest readings of a segment whose Adjusted EBITDA is disclosed only as an amount smaller than $1m.
- Assigning the group capex rate to a $1m line would put more capex through it than it earns, so this vertical carries none. Every dollar of group capex is charged to the three real segments instead.