NASDAQ$TZOO

Travelzoo · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced results for the second quarter ended June 30, 2022.

Travelzoo reported a decrease in revenue by 7% year-over-year to $17.7 million. The company's EPS was $0.08 and net income attributable to Travelzoo was $1.0 million for Q2 2022.

  • Revenue of $17.7 million, down 7% year-over-year
  • In constant currencies, revenue was $18.2 million
  • Non-GAAP operating profit of $2.6 million
  • Earnings per share (EPS) of $0.08 attributable to Travelzoo from continuing operations

Headline financials

Total Revenue

$17.7M

Previous: $19.1M-7.3%
EPS (adj)

$0.08

Previous: $0.22-63.6%
Capital Expenditures

-$175K

Previous: -$84K-108.3%
Free Cash Flow

$853K

Previous: $2.93M-70.9%
Net Income

$1.03M

Previous: $3.01M-65.9%
Operating Income

$1.78M

Previous: $3.48M-48.8%
Gross Profit

$15.5M

Previous: $16.6M-6.2%
Cash & Equivalents

$25.6M

Previous: $81M-68.4%
Total Assets

$78.5M

Previous: $127M-38.1%
Stock-Based Comp

$589K

Previous: $935K-37.0%

Revenue & EPS history

Travelzoo · Revenue · Quarterly

$17.7M

Q2 2022-7.3%vs Q2 2021
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Travelzoo · $17.7M total across 3 segments · Q2 2022

  • Travelzoo North America
    $12.3M-9.6%
  • Travelzoo Europe
    $4.4M-3.8%
  • Jack's Flight Club
    $952K+10.7%

Forward guidance

For Q3 2022, Travelzoo currently expects higher revenue year-over-year and profitability.

Tailwinds

  • We continue to see a trend of recovery of our revenue.
  • During the pandemic, we have been able to lower our fixed costs.
  • We believe we can keep our fixed costs relatively low in the foreseeable future
  • Revenue is expected to grow.

Headwinds

  • There could be unexpected fluctuations in the short term.

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 Q2 2022

Historical avgQ2 2022

-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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