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SEC Filings

6-K
TRIVAGO N.V. filed this Form 6-K on 10/24/2018
Entire Document
 

The number of Qualified Referrals decreased to 189.1 million in the third quarter of 2018, or by 12%, compared to 214.2 million in the third quarter of 2017. The number of Qualified Referrals decreased to 555.6 million in the nine months ended September 30, 2018, compared to 587.8 million for the same period in 2017, or by 5% period-over-period.
Net income in the third quarter of 2018 was €10.1 million, compared to a net loss of €7.7 million in the third quarter of 2017. Net loss in the nine months ended September 30, 2018 was €32.5 million, compared to net loss of €3.5 million for the same period in 2017.
Adjusted EBITDA(1) was €26.6 million in the third quarter of 2018, compared to an Adjusted EBITDA loss of €7.1 million in the third quarter of 2017. For the nine months ended September 30, 2018, Adjusted EBITDA was a loss of €13.0 million, compared to Adjusted EBITDA of €15.3 million for the same period in 2017.

Financial Summary & Operating Metrics (€ millions, unless otherwise stated)
 
Three months ended September 30,
 
Nine months ended September 30,
 
2018
 
2017
 
Δ Y/Y
 
2018
 
2017
 
Δ Y/Y
Total Revenue
253.7
 
287.9
 
(12)%
 
748.0
 
853.8
 
(12)%
Qualified Referrals (in millions)
189.1
 
214.2
 
(12)%
 
555.6
 
587.8
 
(5)%
Revenue per Qualified Referral (in €)
1.32
 
1.32
 
0%
 
1.33
 
1.43
 
(7)%
Operating income/(loss)
17.9
 
(14.3)
 
n.m.
 
(38.0)
 
(4.8)
 
n.m.
Net income/(loss)
10.1
 
(7.7)
 
n.m.
 
(32.5)
 
(3.5)
 
n.m.
Net income/(loss) attributable to trivago N.V.
10.1
 
(5.9)
 
n.m.
 
(32.5)
 
(2.9)
 
n.m.
Return on Advertising Spend
135.9%
 
110.9%
 
25.0 ppts
 
116.8%
 
114.7%
 
2.1 ppts
Adjusted EBITDA(1)
26.6
 
(7.1)
 
n.m.
 
(13.0)
 
15.3
 
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 24 to 25 herein for explanations and reconciliations of non-GAAP measures used throughout this release.

2