TRIVAGO N.V Reports Q2 FY2023 Earnings Results on June 30 2023
August 9, 2023
🌥️Earnings Overview
TRIVAGO N.V ($NASDAQ:TRVG). reported their earnings results for the second quarter of FY2023 ending on August 1 2023, on June 30 2023. Total revenue for this period was EUR 124.4 million, a 14.0% decrease compared to the same period in the prior year. Net income, however, had increased by 109.7%, from the same period the year before, reaching EUR 5.8 million.
Stock Price
On Tuesday, TRIVAGO N.V reported their quarterly earnings results for the second quarter of 2023. The stock opened at $1.4 and closed at $1.3, representing a decrease of 4.3% from its previous closing price of $1.4. The decline in their stock prices reflects the slower than expected earnings results, with the company missing their projected revenue targets for the quarter. This was mainly due to lower than expected bookings and revenue from advertising and other sources.
Despite the lower than expected earnings results, TRIVAGO N.V remains optimistic about the future. They have also been investing in new technologies and products to improve customer experience. The company believes that these investments will pay off in the long run and help them achieve their goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trivago N.v. More…
| Total Revenues | Net Income | Net Margin |
| 524.06 | -41.05 | 3.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trivago N.v. More…
| Operations | Investing | Financing |
| 69.06 | 21.56 | -21.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trivago N.v. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 715.12 | 135.94 | 1.69 |
Key Ratios Snapshot
Some of the financial key ratios for Trivago N.v are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | 19.1% | -5.9% |
| FCF Margin | ROE | ROA |
| 12.5% | -3.3% | -2.7% |
Analysis
At GoodWhale, we recently performed an analysis of TRIVAGO N.V‘s wellbeing. We gave them a medium risk rating based on our evaluation of their financial and business aspects. We detected three risk warnings in their income statement, balance sheet, and financial journal. As a result, we suggest that investors wanting further information take a deeper look into the company’s performance before investing. For those interested, we offer an in-depth report as part of our offering for registered users. More…
Peers
The online travel market is a highly competitive one, with numerous companies vying for market share. Two of the major players in this space are trivago NV and its competitor Kakaku.com Inc. Both companies offer online travel booking services, but there are some key differences between them. For instance, Kakaku.com Inc is based in Japan, while trivago NV is headquartered in Germany. Points.com Inc is another competitor, but it focuses on loyalty programs rather than online travel bookings. Finally, Mdf Commerce Inc is a Canadian company that offers a range of travel-related services, including online bookings.
– Kakaku.com Inc ($TSE:2371)
Kakaku.com Inc is a Japanese company that operates an online shopping mall and price comparison website. It has a market capitalization of 507.84 billion yen as of March 2021, and a return on equity of 29.39%. The company was founded in 1999 and is headquartered in Tokyo, Japan. Kakaku.com operates a number of websites, including Kakaku.com, a price comparison website for consumer electronics; and Askul, an online shopping mall. It also offers a range of services, such as online advertising, product reviews, and price comparisons.
– Points.com Inc ($TSX:MDF)
Mdf Commerce Inc is a publicly traded company with a market capitalization of 134.11 million as of 2022. The company has a negative return on equity of 5.27%. Mdf Commerce Inc is engaged in the business of providing online marketing and advertising services.
Summary
TRIVAGO N.V reported disappointing second quarter earnings results for FY2023, as total revenue decreased 14.0% year over year. Net income showed more positive growth, however, increasing 109.7% compared to the same period last year. The stock price reacted accordingly, falling the same day the results were released.
Investors should keep an eye on TRIVAGO’s financial performance over the coming quarters to get an idea of the company’s long-term prospects. Overall, there are mixed signals for investors considering putting money in TRIVAGO N.V right now.
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