Corrects throughout to show the company said it expects Adjusted EBITDA to beat the analysts consensus estimate of $37 mln, not reported Adjusted EBITDA of $37 mln that beat analysts estimate
Overview
Online review platform's FY 25 revenue rose 24%, beating analyst expectations
Company expects FY 25 adjusted EBITDA to beat market estimates of $37 mln
Company completed $72 mln share buyback, plans to extend by $13 mln
Outlook
Trustpilot plans to extend share buyback program by up to $13 mln
Company expects Italian regulatory process to conclude by March 2026
Trustpilot sees strong growth potential from AI answer engine optimisation
Result Drivers
BOOKINGS GROWTH - Trustpilot reported a 22% increase in bookings, with notable growth in North America and Europe & ROW
AI TECHNOLOGY - Implementation of AI-enabled fraud detection technology and answer engine optimization drove growth
ENTERPRISE GROWTH - Strong growth in new business and enterprise customers contributed to H2 acceleration
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
$261 mln
$255.26 mln (12 Analysts)
FY Annual Recurring Revenue
$296 mln
FY Bookings
$291 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and 1 "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 GBp296.00, about 57.3% above its January 12 closing price of GBp188.20
The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 61 three months ago
Press Release: ID:nRSM5955Oa
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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.)