NASDAQ$TZOO

Travelzoo · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Travelzoo's Q1 2023 results were released, showing revenue growth and increased profitability.

Travelzoo reported a 17% year-over-year increase in revenue to $21.6 million for Q1 2023. The company's EPS was $0.23, and non-GAAP operating profit reached $5.5 million. The North America segment saw significant revenue and operating profit growth, while Europe remained consistent. Travelzoo is focused on leveraging its global reach and relationships to provide exclusive offers to its members.

  • Revenue increased by 17% year-over-year to $21.6 million.
  • In constant currencies, revenue grew by 19% year-over-year to $22.1 million.
  • Non-GAAP consolidated operating profit was $5.5 million.
  • Earnings per share (EPS) reached $0.23.

Headline financials

Total Revenue

$21.6M

Previous: $18.5M+17.1%
EPS (adj)

$0.23

Previous: $0.19+21.1%
Capital Expenditures

-$111K

Previous: -$89K-24.7%
Free Cash Flow

$3.56M

Previous: $2.27M+56.9%
Net Income

$3.67M

Previous: $2.36M+55.7%
Operating Income

$4.71M

Previous: $1.92M+145.5%
Gross Profit

$18.9M

Previous: $15.6M+21.1%
Cash & Equivalents

$19.1M

Previous: $35.6M-46.3%
Total Assets

$66.3M

Previous: $92.9M-28.7%
Stock-Based Comp

$396K

Previous: $542K-26.9%

Revenue & EPS history

Travelzoo · Revenue · Quarterly

$21.6M

Q1 2023+17.1%vs Q1 2022
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Travelzoo · $21.6M total across 4 segments · Q1 2023

  • Travelzoo North America
    $14.6M
  • Travelzoo Europe
    $6.08M
  • Jack's Flight Club
    $948K
  • New Initiatives
    $8K

Forward guidance

For Q2 2023, Travelzoo expects continued year-over-year growth in both revenue and operating profit. The company aims to maintain relatively low fixed costs.

Tailwinds

  • Expect growth in revenue
  • Expect growth in operating profit
  • Lowered fixed costs during the pandemic
  • Aim to keep fixed costs relatively low in the foreseeable future
  • Leveraging Travelzoo’s global reach

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.6%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+6.0%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+34.3%

Q1 2018

Best reaction

-31.7%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.4%+3.4%+19.9%
Q4 2025-11.0%-2.5%+9.9%
Q3 2025-17.9%-16.1%-29.6%
Q2 2025-8.2%-21.1%-26.2%
Q1 2025+28.8%+13.3%+7.0%
Q4 2024-17.1%-3.0%-16.8%
Q3 2024+16.2%+34.5%+53.3%
Q2 2024+15.4%+16.5%+37.2%
Q1 2024-8.9%-10.4%-15.4%
Q4 2023-1.6%-12.4%+6.0%
Q3 2023+34.3%+31.2%+78.1%
Q2 2023-8.0%+2.6%-14.5%
Q1 2023+19.6%+31.8%+41.6%
Q4 2022+13.2%+12.4%+26.9%
Q3 2022-6.1%-1.1%+20.5%
Q2 2022-17.2%-21.3%-7.9%
Q1 2022+8.4%+9.7%+9.2%
Q4 2021-23.1%-25.7%-32.2%
Q3 2021-12.5%-14.2%-19.5%
Q2 2021+18.3%+22.7%-4.8%
Q1 2021+0.9%+4.1%+10.9%
Q4 2020-7.8%-12.4%-9.7%
Q3 2020+10.8%+5.4%+30.4%
Q2 2020+4.3%+9.0%+40.6%
Q1 2020-0.2%-4.7%-2.4%
Q4 2019+5.6%+1.5%-51.8%
Q3 2019-11.7%-9.1%-17.0%
Q2 2019-14.5%-13.3%-22.2%
Q1 2019+26.0%+21.3%+29.7%
Q4 2018+17.9%+33.3%-2.7%
Q3 2018-31.7%-36.2%-25.6%
Q2 2018-28.4%-31.6%-30.8%
Q1 2018+34.3%+46.4%+109.7%
Q4 2017+7.5%+19.2%+16.7%
Q3 2017-3.9%-11.8%-15.8%
Q2 2017-1.4%-5.0%-22.2%
Q1 2017-0.5%+0.0%+16.2%
Q4 2016+2.3%+11.6%+4.1%
Q3 2016-4.1%-6.0%+7.8%
Q2 2016+7.0%+9.7%+29.7%
Q1 2016-7.0%
Q4 2015+8.0%
Q3 2015+6.8%
Q2 2015-23.7%
Q1 2015+26.4%
Q4 2014-19.2%
Q3 2014-11.0%
Q2 2014-7.5%
Q1 2014-10.6%
Q4 2013-1.7%
Q3 2013-15.5%
Q2 2013-9.5%
Q1 2013+11.6%
Q4 2012+18.5%
Q3 2012-0.2%
Q2 2012-6.5%
Q1 2011-3.6%
Q1 2012+0.2%
Q4 2011-1.2%
Q3 2011+2.0%
Q3 2010+2.0%
Q2 2011-14.3%
Q2 2010-14.3%
Q4 2010-14.3%
Q1 2010+4.5%

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