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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Deliveroo makes annual profit for first time

A male Deliveroo food courier on his bicycle
Deliveroo has pushed beyond takeaways to grocery deliveries, which accounted for 16% of sales in the second half of 2024. Photograph: Chris Harris/Alamy

Deliveroo has made an annual profit for the first time, after a bumpy few years since a disastrous stock market listing that earned the takeaway delivery company the nickname “flopperoo”.

The 12-year-old company, a member of the FTSE 250 index of mid-sized companies, made a profit of £3m in 2024, compared with a loss of £32m in 2023, it said in a statement on Thursday.

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