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Travelzoo (TZOO)

Travelzoo® provides 30 million members insider deals and one-of-a-kind experiences personally reviewed by one of its deal experts around the globe. It has its finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. For over 20 years the company has worked in partnership with more than 5,000 top travel suppliers-standing relationships give Travelzoo members access to irresistible deals.

Company profile

Ticker
TZOO
Exchange
CEO
Holger Bartel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TRAVELZOO INC
SEC CIK
Subsidiaries
Beijing Travelzoo Travel Information Technology Limited • JFC Travel Group Co. • Travelzoo (Asia) Limited • Travelzoo (Australia) Pty Limited • Travelzoo (Canada) Inc. • Travelzoo (China) Limited • Travelzoo (Europe) Limited • Travelzoo (Hong Kong) Limited • Travelzoo (Shanghai) Media Co. Ltd. • Travelzoo Local Inc. ...
IRS number
364415727

TZOO stock data

Analyst ratings and price targets

Last 3 months

Calendar

10 Aug 22
3 Oct 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 26.68M 26.68M 26.68M 26.68M 26.68M 26.68M
Cash burn (monthly) 3.36M 4.63M (no burn) (no burn) 3.41M 3.92M
Cash used (since last report) 10.52M 14.48M n/a n/a 10.67M 12.27M
Cash remaining 16.16M 12.2M n/a n/a 16.01M 14.41M
Runway (months of cash) 4.8 2.6 n/a n/a 4.7 3.7

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
29 Jul 22 Bartel Holger Common Stock Buy Acquire P No No 5.44 25,000 136K 516,000
7 Jun 22 Ralph Bartel Common Stock Sell Dispose S No No 7.09 3,100 21.98K 4,496,603
6 Jun 22 Ralph Bartel Common Stock Sell Dispose S No No 6.79 6,700 45.49K 4,499,703
27 May 22 Ralph Bartel Common Stock Sell Dispose S No No 7.3 5,000 36.5K 4,506,403
25 May 22 Ralph Bartel Common Stock Sell Dispose S No No 6.54 5,000 32.7K 4,511,403
23 May 22 Bartel Holger Common Stock Sell Dispose S No No 6.37 5,000 31.85K 491,000
19 May 22 Bartel Holger Common Stock Sell Dispose S No No 7.12 5,000 35.6K 496,000
17 May 22 Bartel Holger Common Stock Sell Dispose S No No 7.35 1,000 7.35K 501,000
15.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 46 45 +2.2%
Opened positions 6 5 +20.0%
Closed positions 5 9 -44.4%
Increased positions 13 11 +18.2%
Reduced positions 13 19 -31.6%
13F shares Current Prev Q Change
Total value 38.19M 25.56M +49.4%
Total shares 4.01M 3.95M +1.3%
Total puts 0 26.1K EXIT
Total calls 0 54.6K EXIT
Total put/call ratio 0.5
Largest owners Shares Value Change
Forager Capital Management 861.19K $5.22M 0.0%
Invenomic Capital Management 503.58K $3.05M +0.9%
Acadian Asset Management 477.32K $2.89M -2.0%
Renaissance Technologies 462.69K $2.8M -1.4%
Dimensional Fund Advisors 320.85K $1.95M -6.8%
Vanguard 309.34K $1.87M -1.3%
Essex Investment Management 170.69K $1.03M +64.3%
BLK Blackrock 139.32K $845K +0.4%
BK Bank Of New York Mellon 84.73K $514K -1.6%
Costello Asset Management 63.54K $385K -2.2%
Largest transactions Shares Bought/sold Change
Essex Investment Management 170.69K +66.79K +64.3%
CastleKnight Management 56.09K +56.09K NEW
Two Sigma Advisers 13.33K -26.49K -66.5%
State of Tennessee, Treasury Department 0 -26K EXIT
Susquehanna International 0 -25.17K EXIT
Dimensional Fund Advisors 320.85K -23.44K -6.8%
D. E. Shaw & Co. 61.7K -19.81K -24.3%
Potomac Capital Management 0 -17.28K EXIT
Algert Global 14.99K +14.99K NEW
Citadel Advisors 14.11K +14.11K NEW

Financial report summary

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Competition
BookingExpediaExpediaGrouponTripAdvisorAirbnb
Risks
  • The COVID-19 pandemic has had, and is expected to continue to have, a material adverse impact on the travel industry and our business and financial performance.
  • Fluctuations in our operating results may negatively impact our stock price.
  • Expansion of product offerings may result in additional costs that exceed revenue and may trigger additional stock volatility.
  • Our voucher products may be adversely impacted by competition and decreased consumer demand for vouchers.
  • Our business could be negatively affected by changes in search engine algorithms or other traffic-generating arrangements.
  • Trends in consumer use of mobile devices continues to create challenges.
  • 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.
  • 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.
  • 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.
  • Utilization of governmental stimulus packages may negatively impact our business, operations and/or reputation.
  • Our business may be sensitive to recessions or events effecting the travel industry generally.
  • Our operations could be significantly hindered by the occurrence of a natural disaster or other catastrophic event.
  • 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.
  • 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.
  • 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.
  • Our business and growth will suffer if we are unable to hire and retain highly skilled personnel.
  • Intense competition may adversely affect our ability to achieve or maintain market share and operate profitably.
  • We may not be able to access third-party technology upon which we depend.
  • Acquisitions, investments, licensing arrangements and joint ventures could result in operating difficulties, dilution, and other harmful consequences that may adversely impact our business and results of operations.
  • We may become subject to shareholder lawsuits over securities violations due to volatile stock price.
  • 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 CARD Act and similar state and foreign laws may harm our Local Deals and Getaways business.
  • Certain gift card laws could require us to materially increase the estimated liability recorded in our financial statements and our operating result could be materially and adversely affected.
  • Tax treatment of companies engaged in Internet commerce may adversely affect the use of our services and our results.
  • We may suffer liability as a result of information 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.
  • State and foreign laws regulating money transmission could be expanded to include Travelzoo vouchers or other Travelzoo products or services.
  • Our internal control over financial reporting may not be effective which could impact our business.
  • We may be unable to protect our registered trademark or other proprietary intellectual property rights and may face liability from intellectual property litigation.
  • We have a principal stockholder.
Management Discussion
  • Item 2.        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® is a global Internet media company. We provide our 30 million members insider deals and one-of-a-kind experiences personally reviewed by one of our deal experts around the globe. 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.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: back, brother, excluding, surcharge
Removed: improvement, recovery