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SEC Filings

20-F
TRIVAGO N.V. filed this Form 20-F on 03/06/2018
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Results of Operations
Comparison of the years ended December 31, 2015, 2016 and 2017:
 
Year ended December 31,
 
% Change
(in thousands)
2015
 
 
2016
 
 
2017
 
 
2016 vs 2015

 
2017 vs 2016

Consolidated statement of operations:
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
298,842

 
 
485,942

 
 
667,802

 
62.6
 %
 
37.4
 %
Revenue from related party
 
194,241

 
 
268,227

 
 
367,581

 
38.1
 %
 
37.0
 %
Total revenue
 
493,083

 
 
754,169

 
 
1,035,383

 
52.9
 %
 
37.3
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Costs of revenue, excluding amortization
 
2,946

 
 
4,273

 
 
5,930

 
45.0
 %
 
38.8
 %
Selling and marketing
 
461,219

 
 
673,224

 
 
946,925

 
46.0
 %
 
40.7
 %
Technology and content
 
28,693

 
 
51,658

 
 
52,232

 
80.0
 %
 
1.1
 %
General and administrative
 
18,065

 
 
55,602

 
 
47,444

 
207.8
 %
 
(14.7
)%
Amortization of intangible assets
 
30,030

 
 
13,857

 
 
3,220

 
(53.9
)%
 
(76.8
)%
Operating income (loss)
 
(47,870
)
 
 
(44,445
)
 
 
(20,368
)
 
7.2
 %
 
54.2
 %
Other income (expense):
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
(147
)
 
 
(137
)
 
 
(44
)
 
6.8
 %
 
67.9
 %
Gain on deconsolidation of entity
 

 
 

 
 
2,007

 
n.m.

 
n.m.

Other, net
 
(2,667
)
 
 
(139
)
 
 
592

 
94.8
 %
 
525.9
 %
Total other income (expense), net
 
(2,814
)
 
 
(276
)
 
 
2,555

 
90.2
 %
 
1,025.7
 %
Income (loss) before income taxes
 
(50,684
)
 
 
(44,721
)
 
 
(17,813
)
 
11.8
 %
 
60.2
 %
Expense (benefit) for income taxes
 
(11,318
)
 
 
6,670

 
 
(4,764
)
 
158.9
 %
 
(171.4
)%
Net loss
 
(39,366
)
 
 
(51,391
)
 
 
(13,049
)
 
(30.5
)%
 
74.6
 %
Net loss attributable to noncontrolling interests
 
239

 
 
710

 
 
568

 
197.1
 %
 
(20.0
)%
Net loss attributable to trivago N.V.
 
(39,127
)
 
 
(50,681
)
 
 
(12,481
)
 
(29.5
)%
 
75.4
 %


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