Hostelworld Group Plc · LSE:HSW

Hostelworld — H1 2025 Earnings Presentation

32 slides from Hostelworld's earnings presentation, Jul 30, 2025

  1. Slide 1: 2025 Interim Results

    2025 Interim Results July 30 2025 th

  2. Slide 2: Disclaimers

    INTERIM RESULTS 2025 | 2 Disclaimers NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH SUCH DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. This presentation has been prepared by Hostelworld Group plc (the “Company") for informational and backgroun

  3. Slide 3: Highlights

    Highlights

  4. Slide 4: H1'25 – Financial Summary

    Highlights Highlights H1 ‘25 results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 4 H1’25 – Financial Summary 3.7M 85% 1.8M Net Bookings Bookings by social App bookings1 +0% vs H1’24 members H1’24: 80% +11% vs H1’24 €13.40 €46.7M 51% Net ABV2 Net Revenue3 Marketing as % of -1% vs H1’24 +0% vs

  5. Slide 5: Key Highlights

    Highlights Highlights H1 ‘25 results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 5 Key Highlights Trading improving through the half year, continuing into July ● Net Bookings & ABV improving through the first half, returning to growth in late May & continuing into June and July ● Increasing c

  6. Slide 6: H1'25 Results

    H1’25 Results

  7. Slide 7: Solid demand from customers across Europe and UK

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 7 Solid demand from customers across Europe and UK Net bookings by customer nationality YoY UK USA & Canada (20% of net bookings) (20% of net bookings) EMEA* (41% of net bookings) -4% +4% Asia (6% of net book

  8. Slide 8: Continued preference for lower cost destinations

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 8 Continued preference for lower cost destinations Net bookings by destination region YoY USA & Canada North Asia €46.10* €29.96* 3% of net bookings 3% of net bookings Western Europe Eastern Europe €38.48* €2

  9. Slide 9: Significant revenue growth across key low-cost destinations

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 9 Significant revenue growth across key low-cost destinations Generated Revenue1 by destination region YoY USA & Canada North Asia €46.10* €29.96* Western Europe Eastern Europe €38.48* €26.14* -8% +25% -9% -3

  10. Slide 10: Margin contraction driven by Cost per Click inflation in Q1

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 10 Margin contraction driven by Cost per Click inflation in Q1 €m 25.0 Net margin1 contraction driven by: -2.9 • Net bookings of 3.7m and net revenue of 20.0 0.9 €46.7m, both flat vs. prior year -0.3 • Market

  11. Slide 11: Continued focus on tight cost control, despite inflationary pressures

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 11 Continued focus on tight cost control, despite inflationary pressures Opex as % of €m Net Revenue3 28% 14.0 27% 27% 12.8 12.5 12.4 12.0 Operating costs1 1% lower than prior year: 10.0 • Wages & Salaries re

  12. Slide 12: Adjusted EBITDA of €7.4m, with €3.1m of revenue deferred to H2'25

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 12 Adjusted EBITDA of €7.4m, with €3.1m of revenue deferred to H2’25 €m Performance in line with expectations: 12.0 • Net bookings of 3.7m and net revenue of €46.7m, both flat vs. prior year 10.0 • Paid marke

  13. Slide 13: Cash generation enabled launch of share buyback programme

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 13 Cash generation enabled launch of share buyback programme €m Launch of share buyback programme, net cash 14.0 position: 12.0 -1.3 -0.4 • Adjusted free cashflow conversion of 65%, adjusted free cashflow of

  14. Slide 14: Progressing our 2025 capital allocation priorities

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 14 Progressing our 2025 capital allocation priorities Warehoused Repayment of liability to Irish Revenue Commissioners per agreed timeline, €4.9m payroll taxes outstanding Dividend Interim payment of €0.82 ce

  15. Slide 15: ESG is at the core of our culture and our category

    Highlights H1 ‘25 H1 ‘25 Results results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 15 ESG is at the core of our culture and our category Environmental Social Governance ● Over 2,300 hostels awarded ‘Staircase to ● Educational ‘Fireside chat’ series ● Awarded silver ‘Taking Climate Action’ S

  16. Slide 16: Strategy Update

    Strategy Update

  17. Slide 17: Social network continuing to accelerate

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 17 Social network continuing to accelerate Engagement growth driven by continuous innovation and network effects Social network members (m) Messages sent (m) +42% 3.2 2.9 2.3 2.3 1.8 1.7 1.7 1.2 1.2 0.7 0.4

  18. Slide 18: Actively progressing our three-year growth plan

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 18 Actively progressing our three-year growth plan New capabilities set to launch in 2025, broader scaling expected in 2026 Already Underway Q2 25 Q3 25 Q4 25 2026 Hostel inventory Expansion Enhance Marketpl

  19. Slide 19: Expanding our directly contracted hostel inventory

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 19 Expanding our directly contracted hostel inventory Continued investment in local presence, connectivity and product enhancements Supply Side initiatives ● Increased local presence : New branch in Thailand

  20. Slide 20: Growing marketplace monetisation

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 20 Growing marketplace monetisation Rollout of Elevate, our marketplace monetisation tool, is delivering encouraging early results OTA Commission rate (%)1 Platform enhancements ● Launched a smarter hostel r

  21. Slide 21: Our new global travel plan marketplace enhances our social network

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 21 Our new global travel plan marketplace enhances our social network Driving app adoption in the “pre-booking” phase, with encouraging early results Travel Plan progress update ● Travel Plans launched in Ma

  22. Slide 22: Social Platform Monetisation & Budget Accommodation provision on track

    Highlights H1 ‘25 results Strategy Update Strategy Update Closing Q&A INTERIM RESULTS 2025 | 22 Social Platform Monetisation & Budget Accommodation provision on track Expanding our addressable market and monetising our growing social network into 2026 Social Platform Monetisation ● Product/Pricing s

  23. Slide 23: Closing

    Closing ——

  24. Slide 24: Reiterating full year guidance in line with expectations

    Highlights H1 ‘25 results Strategy Update Closing Closing Q&A INTERIM RESULTS 2025 | 24 Reiterating full year guidance in line with expectations FY 2024 *FY 2025 Actuals Trends Net Revenue €92.0m Mid single-digit % Marketing % of Revenue 46% 45% - 50% Adj. EBITDA margin 24% c. 20% Adj. FCF Conversio

  25. Slide 25: Continuing to execute our highly differentiated growth strategy

    Highlights H1 ‘25 results Strategy Update Closing Closing Q&A INTERIM RESULTS 2025 | 25 Continuing to execute our highly differentiated growth strategy ● Net Bookings & ABV improving through the first half, returning to growth in June & continuing positive momentum into July ● Continued growth in So

  26. Slide 26: Q&A

    Q&A

  27. Slide 27: - MEET THE WORLD ©

    - MEET THE WORLD ©

  28. Slide 28: Appendices

    Appendices

  29. Slide 29: Balance Sheet

    Highlights H1 ‘25 results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 29 Balance Sheet H1’25 FY’24 €’m €’m Intangible assets 62.8 63.5 ● Intangible assets €62.8m (FY’24: €63.5m) Property, plant and equipment 0.4 0.5 ● Relates to goodwill, Hostelworld brand name, IP and tech stack Deferred tax

  30. Slide 30: Income Statement

    Highlights H1 ‘25 results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 30 Income Statement H1’25 H1’24 • Net revenue increased to €46.7m (H1’24: €46.4m) €’m €’m Revenue 46.7 46.4 • 3.7m net bookings (H1’24: 3.7m) Asia continues to grow at record levels Administrative expenses1 (40.0) (37.6) De

  31. Slide 31: Cash Flow Statement

    Highlights H1 ‘25 results Strategy Update Closing Q&A INTERIM RESULTS 2025 | 31 Cash Flow Statement H1’25 €’m H1’243 €’m Adjusted EBITDA1 7.4 9.6 Working capital decrease 1.1 3.0 Cash generative business facilitating introduction of share repurchase programme Exceptional costs (0.3) - Net interest a

  32. Slide 32: - MEET THE WORLD ©

    - MEET THE WORLD ©

Hostelworld Group — H1 2025 Earnings Presentation on 6ix