Slide 1: Q4 2024 & FY24 Preliminary unaudited results
Q4 2024 & FY24 Preliminary unaudited results
Slide 2: The Presenters
The Presenters Alessandro Petazzi Diego Fiorentini Chief Executive Officer Chief Financial Officer
Slide 3: Safe Harbour Statement
Safe Harbour Statement The material in this presentation has been prepared by lastminute.com N.V. and reports general background information about lastminute.com activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information
Slide 4: Agenda
Agenda Intro 01 A. Petazzi Q4 2024 & Preliminary unaudited FY24 results 02 D. Fiorentini 03 Financial Calendar 2025 Q4 2024 & Preliminary unaudited FY24 results
Slide 5: Meet Our New CEO
Meet Our New CEO A proven leader in Tech-Driven growth Alessandro Petazzi lastminute.com CEO Q4 2024 & Preliminary unaudited FY24 results 5
Slide 6: Agenda
Agenda Intro 01 A. Petazzi Q4 2024 & Preliminary unaudited FY24 results 02 D. Fiorentini 03 Financial Calendar 2025 Q4 2024 & Preliminary unaudited FY24 results
Slide 7: Q4 2024 and preliminary FY 2024 performance
Q4 2024 and preliminary FY 2024 performance Strong Dynamic Package growth drives profitability GTV REVENUE GROSS PROFIT Adj. EBITDA NET RESULT -1% vs. Q4 2023 +4% vs. Q4 2023 +6% vs. Q4 2023 at €5.4m at break-even +135% vs. Q4 2023 compared to a while Strong while loss of €3.2m in DP GTV +19% double-
Slide 8: Profit and Loss
Profit and Loss Q4 Q4 Delta FY FY Delta Revenue in Q4 saw a +4% increase vs. Q4 ‘23, reflecting €m 2024 2023 % 2024 2023 % an improvement in the last quarter. For the full year, revenue reached €313.7m, slightly below the same GTV 537 540 (1%) 2,902 3,391 (14%) period in ‘23. Dynamic packages grew str
Slide 9: Back to growth
Back to growth Strategic focus on Dynamic Package ("DP") drives revenue growth and profitability Revenue Gross Profit €m €m +4% +6% Dynamic Package Dynamic Package 12.2% 13.8% 42% 45% Take Rate Gross Margin Revenue reached €62.5 million, a 4% increase compared to the Gross Profit at €26.1 million, a 6%
Slide 10: Increased contribution from Dynamic Packages
Increased contribution from Dynamic Packages DP's contribution to both total revenue and total gross profit has continued to grow throughout the year. DP Revenue Share Trend DP Gross Profit Share Trend +13pp +17pp DP now accounts for 57% of total Group revenue, reflecting a DP is now contributing 62% o
Slide 11: Revenue and Gross Profit by segment
Revenue and Gross Profit by segment Revenue Gross Profit €m €m Q4 Q4 Delta FY FY Delta Q4 Q4 Delta FY FY Delta 2024 2023 % 2024 2023 % 2024 2023 % 2024 2023 % Revenue 62.5 59.8 4% 313.7 321.3 (2%) Gross Profit 26.1 24.7 6% 130.9 126.4 4% B2B 28.6 23.9 20% 145.6 130.0 12% B2B 13.5 10.6 27% 63.3 53.8 17%
Slide 12: Cost Structure
Cost Structure Maintaining cost discipline while making strategic investments Q4 Q4 Delta FY FY Delta €m 2024 2023 % 2024 2023 % Total Costs (57.0) (57.5) (1%) (272.6) (281.6) (3%) Marketing Spend (15.8) (16.5) (4%) (79.0) (88.6) (11%) Other variable costs (20.5) (18.5) 11% (103.8) (106.4) (2%) HR C
Slide 13: NFP Bridge 12 months rolling
NFP Bridge 12 months rolling Decrease driven by investing activities and shareholders remuneration Operating Cash Flow: +€25.7m Positive cash generation from operating activities, fully driven by positive EBITDA. Capex: is mainly linked to capitalised HR costs and other tech assets. Equity movements
Slide 14: Net Financial Position (NFP) from December 2023 to December 2024
Net Financial Position (NFP) from December 2023 to December 2024 72.0 40.9 Q4 2024 & Preliminary unaudited FY24 results 14
Slide 15: Thanks for joining us
aw Ui ‘ata lastminute.com
Slide 16: Agenda
Agenda Intro 01 A. Petazzi FY 2024 results 02 D. Fiorentini 03 Financial Calendar 2025 Q4 2024 & Preliminary unaudited FY24 results
Slide 17: Financial Calendar 2025
Financial Calendar 2025 9-10 January 2025 Swiss Equities Baader Conference 2025 13 February 2025 Announcement of preliminary unaudited FY2024 results Investor information: lastminute.com N.V. 27 March 2025 Listening: Swiss Stock Exchange Publication of the Annual Report 2024 Trading currency: CHF 15
Slide 18: Thank you
Q4 2024 & Preliminary unaudited FY24 results Thank you investor.relations@lastminute.com www.lastminute.com