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SEC Filings

6-K
TRIVAGO N.V. filed this Form 6-K on 07/25/2018
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to €494.4 million in the six months ended June 30, 2018 compared to €565.9 million for the same period in 2017, representing a 13% decline year-over-year.
The number of Qualified Referrals decreased to 177.1 million in the second quarter of 2018, or by 10%, compared to 196.4 million in the second quarter of 2017. The number of Qualified Referrals slightly decreased to 366.6 million in the six months ended June 30, 2018, compared to 373.6 million for the same period in 2017, or by 2% year-over-year.
Net loss in the second quarter of 2018 was €20.7 million, compared to a net loss of €3.4 million in the second quarter of 2017. Net loss in the six months ended June 30, 2018 was €42.5 million, compared to net income of €4.3 million for the same period in 2017.
Adjusted EBITDA(1) was a loss of €17.7 million in the second quarter of 2018, compared to a positive Adjusted EBITDA of €3.2 million in the second quarter of 2017. For the six months ended June 30, 2018, Adjusted EBITDA was a loss of €39.6 million, compared to positive Adjusted EBITDA of €22.5 million for the same period in 2017.

Financial Summary & Operating Metrics (€ millions, unless otherwise stated)
 
Three months ended June 30,
 
Six months ended June 30,
 
2018
 
2017
 
Δ Y/Y
 
2018
 
2017
 
Δ Y/Y
Total Revenue
235.0
 
298.3
 
(21)%
 
494.4
 
565.9
 
(13)%
Qualified Referrals (in millions)
177.1
 
196.4
 
(10)%
 
366.6
 
373.6
 
(2)%
Revenue per Qualified Referral (in €)
1.30
 
1.50
 
(13)%
 
1.33
 
1.50
 
(11)%
Operating income/(loss)
(26.6)
 
(3.0)
 
n.m.
 
(55.8)
 
9.5
 
n.m.
Net income/(loss)
(20.7)
 
(3.4)
 
n.m.
 
(42.5)
 
4.3
 
n.m.
Net income/(loss) attributable to trivago N.V.
(20.7)
 
(2.3)
 
n.m.
 
(42.5)
 
2.9
 
n.m.
Return on Advertising Spend
110.1%
 
113.4%
 
(3.3) ppts
 
108.9%
 
116.7%
 
(7.8) ppts
Adjusted EBITDA(1)
(17.7)
 
3.2
 
n.m.
 
(39.6)
 
22.5
 
n.m.
n.m. - not meaningful
(1) “Adjusted EBITDA” (Adjusted Earnings Before Interest, Taxes, Depreciation, Amortization, and Share Based Compensation) is a non-GAAP measure. Please see “Definitions of Non-GAAP Measures” and “Tabular Reconciliations for Non-GAAP Measures” on pages 23-24 herein for explanations and reconciliations of non-GAAP measures used throughout this release.

2