Company profile

Ticker
TZOO
Exchange
CEO
Holger Bartel
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Travelzoo Inc
SEC CIK
IRS number
364415727

TZOO stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

20 Mar 20
30 May 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 26.9M 25.51M 28.18M 30.83M
Net income -599K 306K 1.33M 3.12M
Diluted EPS -0.05 0.03 0.11 0.26
Net profit margin -2.23% 1.20% 4.71% 10.12%
Operating income 855K 1.21M 2.42M 4.97M
Net change in cash 7.9M -2.51M -5.83M 1.93M
Cash on hand 19.51M 11.61M 14.11M 19.95M
Cost of revenue 3.21M 2.98M 2.76M 2.95M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 111.41M 111.32M 106.52M 114.26M
Net income 4.16M 4.66M 3.53M 6.63M
Diluted EPS 0.35 0.37 0.27 0.47
Net profit margin 3.73% 4.19% 3.31% 5.80%
Operating income 9.46M 8.24M 4.55M 10.19M
Net change in cash 1.49M -4.54M -4.29M -8.29M
Cash on hand 19.51M 18.02M 22.55M 26.84M
Cost of revenue 11.89M 12.27M 12.91M 13.86M

Financial data from Travelzoo earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
30 Mar 20 Azzurro Capital Common Stock Sell Dispose S 3.43 111,575 382.7K 4,518,125
27 Mar 20 Azzurro Capital Common Stock Sell Dispose S 3.78 81,119 306.63K 4,629,700
26 Mar 20 Azzurro Capital Common Stock Sell Dispose S 4.12 130,128 536.13K 4,710,819
25 Mar 20 Azzurro Capital Common Stock Sell Dispose S 3.76 210,910 793.02K 4,840,947
24 Mar 20 Azzurro Capital Common Stock Sell Dispose S 3.46 94,014 325.29K 5,051,857
13F holders
Current Prev Q Change
Total holders 65 57 +14.0%
Opened positions 13 4 +225.0%
Closed positions 5 10 -50.0%
Increased positions 19 16 +18.8%
Reduced positions 22 24 -8.3%
13F shares
Current Prev Q Change
Total value 23.21M 56.92M -59.2%
Total shares 4.22M 4.48M -5.8%
Total puts 101.5K 123.8K -18.0%
Total calls 67.3K 81.6K -17.5%
Total put/call ratio 1.5 1.5 -0.6%
Largest owners
Shares Value Change
Renaissance Technologies 620.85K $2.44M +13.2%
Osmium Partners 473.55K $1.86M -42.2%
Dimensional Fund Advisors 464.18K $1.82M -2.1%
BLK BlackRock 413.51K $1.63M -1.7%
Acadian Asset Management 313.5K $1.23M -0.0%
Vanguard 267.79K $1.05M -0.2%
Bridgeway Capital Management 138.7K $545K -12.4%
Mackay Shields 126.83K $498K -6.1%
NTRS Northern Trust 126.42K $497K +0.2%
California Public Employees Retirement System 123.41K $485K -41.2%
Largest transactions
Shares Bought/sold Change
Osmium Partners 473.55K -345.98K -42.2%
California Public Employees Retirement System 123.41K -86.49K -41.2%
Renaissance Technologies 620.85K +72.55K +13.2%
22NW 71.48K +71.48K NEW
Susquehanna International 0 -69.83K EXIT
Parallax Volatility Advisers 50.84K +50.84K NEW
Jacobs Levy Equity Management 50.71K -50.38K -49.8%
PEAK6 Investments 120.74K +43.74K +56.8%
Millennium Management 38.89K +38.89K NEW
Invenomic Capital Management 37.15K +37.15K NEW

Financial report summary

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Risks
  • We cannot assure you that we will be profitable.
  • Fluctuations in our operating results may negatively impact our stock price.
  • Our expansion of our product offerings may result in additional costs that exceed revenue and may trigger additional stock volatility.
  • Our Local Deals business may be adversely impacted by competition and decreased consumer demand for vouchers.
  • Our business could be negatively affected by changes in search engine algorithms and dynamics or other traffic-generating arrangements.
  • Adverse application of state and local tax laws could have an adverse effect on our business and results of operation.
  • If we fail to retain existing advertisers or add new advertisers, our revenue and business will be harmed.
  • Our existing advertisers may shift from one advertising service to another, which may adversely affect our revenue.
  • An increase in our refund rates related to our Local Deals and Getaways could reduce our liquidity and profitability.
  • If our advertisers do not meet the needs and expectations of our members, our business could suffer.
  • Our business relies heavily on email and other messaging services, and any restrictions on the sending of emails or messages or a decrease in member willingness to receive messages could adversely affect our revenue and business.
  • “Cookie” laws could negatively impact the way we do business.
  • Changes to our technology and user interfaces for our website and mobile applications used to present our deals could adversely affect our revenue and business.
  • Our reported total number of members may be higher than the number of our actual individual members and may not be representative of the number of persons who are active potential customers.
  • We may not be able to obtain sufficient funds to grow our business and any additional financing may be on terms adverse to your interests.
  • Our business may be sensitive to recessions.
  • Our operations could be significantly hindered by the occurrence of a natural disaster or other catastrophic event.
  • Technological or other assaults on our service could harm our business.
  • We are subject to payments-related and fraud risks.
  • Our reported financial results may be adversely affected by changes in United States generally accepted accounting principles, and we may incur significant costs to adjust our accounting systems and processes to comply with significant changes.
  • Our international expansion may result in operating losses, and is subject to other material risks.
  • Investment in new business strategies and acquisitions could disrupt our ongoing business and present risks not originally contemplated.
  • We may not be able to continue developing awareness of our brand names.
  • If we fail to retain our existing members or acquire new members, our revenue and business will be harmed.
  • Our business may be sensitive to events affecting the travel industry in general.
  • We may not be able to attract travel and entertainment companies or Internet users if we do not continually enhance and develop the content and features of our products and services.
  • We may lose business if we fail to keep pace with rapidly changing technologies and client needs.
  • Our business and growth will suffer if we are unable to hire and retain highly skilled personnel.
  • We may not be able to effectively manage our expanding operations.
  • Intense competition may adversely affect our ability to achieve or maintain market share and operate profitably.
  • Loss of any of our key management personnel could negatively impact our business.
  • We may not be able to access third-party technology upon which we depend.
  • Acquisitions, investments and joint ventures could result in operating difficulties, dilution, and other harmful consequences that may adversely impact our business and results of operations.
  • Our stock price has been volatile historically and may continue to be volatile.
  • We have a principal stockholder.
  • We may become subject to shareholder lawsuits over securities violations due to volatile stock price and this can be burdensome to management and costly to defend.
  • We may become subject to burdensome government regulations and legal uncertainties affecting the Internet which could adversely affect our business.
  • We are subject to laws and regulations worldwide, changes to which could increase the Company’s costs and individually or in the aggregate adversely affect the Company’s business.
  • The implementation of the CARD Act and similar state and foreign laws may harm our Local Deals business.
  • If we are required to materially increase the estimated liability recorded in our financial statements with respect to unredeemed Local Deals and Getaways vouchers due to application of certain gift card laws, our net income could be materially and adversely affected.
  • New tax treatment of companies engaged in Internet commerce may adversely affect the commercial use of our services and our financial results.
  • We may suffer liability as a result of information retrieved from or transmitted over the Internet and claims related to our service offerings.
  • Claims have been asserted against us relating to shares not issued in our 2002 merger.
  • Federal laws and regulations, such as the Bank Secrecy Act and the USA PATRIOT Act and similar foreign laws, could be expanded to include Local Deals and Getaways vouchers.
  • Our internal control over financial reporting may not be effective, and our independent registered public accounting firm may not be able to attest as to the effectiveness of such internal controls, which could have a significant and adverse effect on our business.
  • We may be unable to protect our registered trademark or other proprietary intellectual property rights.
  • We may face liability from intellectual property litigation that could be costly to prosecute or defend and distract management’s attention with no assurance of success.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • The information in this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current expectations, assumptions, estimates and projections about Travelzoo and our industry. These forward-looking statements are subject to the many risks and uncertainties that exist in our operations and business environment that may cause actual results, performance or achievements of Travelzoo to be different from those expected or anticipated in the forward-looking statements. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. For example, words such as “may”, “will”, “should”, “estimates”, “predicts”, “potential”, “continue”, “strategy”, “believes”, “anticipates”, “plans”, “expects”, “intends”, and similar expressions are intended to identify forward-looking statements. Travelzoo’s actual results and the timing of certain events could differ significantly from those anticipated in such forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those discussed elsewhere in this report in the section entitled “Risk Factors” and the risks discussed in our other SEC filings. The forward-looking statements included in this report reflect the beliefs of our management on the date of this report. Travelzoo undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other circumstances occur in the future.
  • Travelzoo® provides our 30 million members insider deals and one-of-a-kind experiences personally reviewed by one of our deal experts around the globe. With 22 offices worldwide, we have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. For over 20 years we have worked in partnership with more than 5,000 top travel suppliers–our long-standing relationships give Travelzoo members access to irresistible deals.
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