Denmark's Trustpilot H1 revenue rises on enterprise growth, AI demand
Denmark's Trustpilot H1 revenue rises on enterprise growth, AI demand
Overview
Denmark-based online review platform's H1 revenue rose 23% yr/yr to $151 mln
Adjusted diluted EPS for H1 rose 44% yr/yr to 3.1 cents
Net loss for H1 was $1.1 mln, impacted by non-recurring regulatory and tax items
Outlook
Trustpilot maintains outlook for high-teens constant currency revenue growth for FY26
Company expects 2-3ppt YoY adjusted EBITDA margin increase for FY26
Trustpilot says it remains confident in delivering sustainable growth and operating leverage over the long term
Result Drivers
ENTERPRISE AND US SALES - Co said strong enterprise growth and US momentum drove bookings and revenue higher
AI ADOPTION - Co said increased use of Trustpilot reviews by AI engines boosted platform visibility and business demand
PRODUCT INNOVATION - Co said new Product Review Pages and expanded Shopify partnership increased citations and customer engagement
Company press release: ID:nRSO7111Ua
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| $151.40 mln |
|
H1 Adjusted EPS |
| $0.031 |
|
H1 Loss Per Share |
| $0.003 |
|
H1 Net Loss |
| $1.1 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Trustpilot Group PLC is GBp332.00, about 26.8% above its September 14 closing price of GBp261.80
The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 42 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)