Global Business Travel Group Inc (NYSE:GBTG), also known as Amex GBT, reported a 4.2% year-on-year increase in Q4 FY23 sales to $549 million, surpassing analyst expectations. The growth was attributed to an increase in Total Transaction Value due to a rise in business travel and Product & Professional Services revenue. Operating expenses decreased by 4%, and the net loss narrowed to $(46) million. Adjusted EBITDA rose by 83% to $80 million, with a significant improvement in the adjusted EBITDA margin. The company forecasts a revenue growth of 6% - 9% for FY24, aiming for $2.43 billion to $2.50 billion, slightly below the $2.51 billion estimate. Adjusted EBITDA is expected to be between $450 million and $500 million, with a free cash flow of over $100 million. GBTG shares dropped by 1.22% to $5.601.