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Income Statement (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 119M | 16.2% |
| Gross Profit | 116M | 18.4% |
| Cost of Revenue | 2.7M | 36.3% |
| Operating expense | 125M | 13.9% |
| Net Income | -4.9M | 41.4% |
| EBITDA | -6.7M | 36% |
Balance Sheet (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 326M | 1.2% |
| Total Liabilities | 122M | 6.1% |
| Total Equity | 204M | 1.6% |
| Shares Outstanding | 70M | 0% |
Cash Flow (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -3.8M | 42.5% |
| Cash from financing | -150,000 | 60.2% |
Financial Highlights for Trivago in Q2 '24
Trivago reported a revenue of 119M, which is a 16.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 116M, marking a 18.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.7M, a -36.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 125M, showing a 13.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -4.9M, showing a 41.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -6.7M, showing a 36% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Trivago with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
