trivago N.V. · NASDAQ:TRVG
trivago — Q2 2021 Earnings Presentation
19 slides from trivago's earnings presentation, Jul 29, 2021
Slide 1: Investor Presentation Q2 2021
Investor Presentation Q2 2021 29 July 2021
Slide 2: Disclaimer
Disclaimer All of the information herein has been prepared by the Company solely for use in this presentation. The innovate and provide tools and services that are useful to our users and advertisers; our dependence on information contained in this presentation has not been independently verified. N
Slide 3: Q2 2021 – Financial Update
Q2 2021 – Financial Update 2019 vs 2021 Yo2Y Total Revenue (€mm) ROAS1 (%) Adj. EBITDA2 (€mm) Net Income / (Loss) (€mm) 40.1 13.7 156% 18.8 5.9 432.6 4.3 (0.5) (3.3) 145% Q2 H1 (10.0) Q2 H1 223.7 133% 130% 133.7 % of Total Revenue % of Total Revenue 95.5 9.3% 8.4% Q2 H1 Q2 H1 4.5% 2.6% 3.2% (57)% (6
Slide 4: KPI – Global
KPI – Global 2019 vs 2021 Yo2Y ROAS (%) Referral Revenue (€mm) 156% 145% 424.9 130% 133% 219.9 129.6 93.4 Q2 H1 Q2 H1 15 ppts 23 ppts (58)% (69)% Qualified Referrals (mm) RPQR1 (€) 260.6 1.67 1.63 1.27 1.12 131.3 115.8 73.4 Q2 H1 Q2 H1 (44)% (56)% (24)% (31)% 1 RPQR: Revenue per Qualified Referral;
Slide 5: KPI – Americas
KPI – Americas 2019 vs 2021 Yo2Y ROAS (%) Referral Revenue (€mm) 145% 152.9 132% 126% 81.8 124% 55.9 37.6 Q2 H1 Q2 H1 8 ppts 19 ppts (54)% (63)% Qualified Referrals (mm) RPQR1 (€) 74.0 2.34 2.07 1.85 37.4 1.49 35.0 20.3 Q2 H1 Q2 H1 (42)% (49)% (21)% (28)% 1 RPQR: Revenue per Qualified Referral; Note
Slide 6: KPI – Developed Europe
KPI – Developed Europe 2019 vs 2021 Yo2Y ROAS (%) Referral Revenue (€mm) 154% 183.3 149% 147% 144% 93.2 43.7 53.3 Q2 H1 Q2 H1 3 ppts 5 ppts (53)% (71)% Qualified Referrals (mm) RPQR1 (€) 1.89 1.88 97.3 1.34 1.25 49.4 42.7 32.6 Q2 H1 Q2 H1 (34)% (56)% (29)% (34)% 1 RPQR: Revenue per Qualified Referra
Slide 7: KPI – Rest of World
KPI – Rest of World 2019 vs 2021 Yo2Y ROAS (%) Referral Revenue (€mm) 88.8 194% 204% 44.9 115% 119% 20.5 12.1 Q2 H1 Q2 H1 79 ppts 85 ppts (73)% (77)% Qualified Referrals (mm) RPQR1 (€) 89.3 0.96 0.99 46.9 35.7 0.59 0.57 20.5 Q2 H1 Q2 H1 (56)% (60)% (39)% (42)% 1 RPQR: Revenue per Qualified Referral;
Slide 8: KPI – Advertiser Mix
KPI – Advertiser Mix Advertiser revenue share as % of Referral Revenue All others 18% 25% 27% Booking Holdings Expedia Group 39% 60% 54% 36% 19% 22% Q2 2019 Q2 2020 Q2 2021 Source: Internal data 8
Slide 9: Appendix
Appendix 9
Slide 10: Consolidated Financials YTD FY 2021, trivago N.V.
Consolidated Financials YTD FY 2021, trivago N.V. in € thousands YTD 2021 YTD 2020 YTD 2019 '21 vs '20 Δ% '21 vs '19 ∆% Referral Revenue 129,615 150,597 424,912 (13.9)% (69.5)% Other revenue 4,085 5,338 7,702 (23.5)% (47.0)% Total revenue 133,700 155,935 432,614 (14.3)% (69.1)% Cost of revenue 5,547
Slide 11: Consolidated Financial Information YTD FY 2021, trivago N.V.
Consolidated Financial Information YTD FY 2021, trivago N.V. in € thousands YTD 2021 YTD 2020 YTD 2019 '21 vs '20 Δ% '21 vs '19 ∆% Comments 2021 vs 2020 Referral Revenue 129,615 150,597 424,912 (13.9)% (69.5)% 1 Other revenue 4,085 5,338 7,702 (23.5)% (47.0)% 2 Total revenue 133,700 155,935 432,614
Slide 12: Recon of non-GAAP Financial Measures YTD FY 2021
Recon of non-GAAP Financial Measures YTD FY 2021, trivago N.V. in € thousands YTD 2021 YTD 2020 YTD 2019 '21 vs '20 Δ% '21 vs '19 ∆% Net income/(loss) (10,029) (234,424) 13,737 (95.7)% n.m. Income/(loss) from equity method investment - 213 129 n.m. n.m. Income/(loss) before equity method investment
Slide 13: Consolidated Financials Q2 FY 2021, trivago N.V.
Consolidated Financials Q2 FY 2021, trivago N.V. in € thousands Q2 2021 Q2 2020 Q2 2019 '21 vs '20 Δ% '21 vs '19 ∆% Referral Revenue 93,448 13,882 219,936 573.2% (57.5)% Other revenue 2,026 2,250 3,716 (10.0)% (45.5)% Total revenue 95,474 16,132 223,652 491.8% (57.3)% Cost of revenue 2,961 2,654 2,0
Slide 14: Consolidated Financial Information Q2 FY 2021, trivago N.V.
Consolidated Financial Information Q2 FY 2021, trivago N.V. in € thousands Q2 2021 Q2 2020 Q2 2019 '21 vs '20 Δ% '21 vs '19 ∆% Comments 2021 vs 2020 Referral Revenue 93,448 13,882 219,936 573.2% (57.5)% 1 Other revenue 2,026 2,250 3,716 (10.0)% (45.5)% 2 Total revenue 95,474 16,132 223,652 491.8% (5
Slide 15: Recon of non-GAAP Financial Measures Q2 FY 2021
Recon of non-GAAP Financial Measures Q2 FY 2021, trivago N.V. in € thousands Q2 2021 Q2 2020 Q2 2019 '21 vs '20 Δ% '21 vs '19 ∆% Net loss (3,289) (20,158) 5,909 (83.7)% n.m. Income from equity method investment - (21) 39 n.m. n.m. Loss before equity method investment (3,289) (20,137) 5,870 (83.7)% n
Slide 16: Consolidated Statement of Cash Flows YTD FY 2021
Consolidated Statement of Cash Flows YTD FY 2021, trivago N.V. in € thousands YTD 2021 YTD 2020 Comments 2021 vs 2020 Net loss (10,029) (234,424) 1 Adjustments to reconcile net loss to net cash provided by/(used in): 1. Net loss of €10.0 million excluding non-cash expenses Depreciation 4,408 5,626 A
Slide 17: Consolidated Statement of Cash Flows Q2 FY 2021
Consolidated Statement of Cash Flows Q2 FY 2021, trivago N.V. in € thousands Q2 2021 Q2 2020 Comments 2021 vs 2020 Net loss (3,289) (20,158) 1 Adjustments to reconcile net loss to net cash provided by/(used in): 1. Net loss of €3.3 million excluding non-cash expenses e.g., Depreciation 2,168 3,044 A
Slide 18: Consolidated Balance Sheet Q2 FY 2021
Consolidated Balance Sheet Q2 FY 2021, trivago N.V. in € thousands As of As of Comments 2021 vs 2020 Jun 30, 2021 Dec 31, 2020 Cash and cash equivalents 193,659 208,353 1 Restricted cash - 103 1. Cash and cash equivalents decreased by €16.8 million. The Accounts receivable, less allowance 38,181 11,
Slide 19: trivago
©) trivago