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TRAVELZOO (TZOO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K/A10-K/A10-K10-K10-K10-K10-K10-K
Revenues  70.662.753.6104.9111.3106.5114.3124.0
            Revenues growth  12.6%17.0%-48.9%-5.7%4.5%-6.8%-7.8%-19.1%
Cost of revenues  10.011.410.611.412.312.913.9 
    Gross profit  60.651.343.093.599.193.6100.4105.8
            Gross margin  85.8%81.8%80.3%89.1%89.0%87.9%87.9%85.4%
   
Operating expenses:          
Sales and marketing  33.130.330.651.358.557.358.465.6
Product development  2.12.63.16.79.09.29.112.2
General and administrative  17.919.820.518.423.322.622.724.2
    Total operating expenses  53.052.657.176.490.889.190.2102.0
    Operating income  7.6-1.3-14.117.08.24.510.23.8
            Operating margin  10.7%-2.1%-26.3%16.2%7.4%4.3%8.9%3.1%
Other income, net  2.44.00.50.00.00.2-0.2-1.2
    Income from continuing operations before income taxes  10.02.7-13.617.0    
Income tax expense  3.31.8-2.44.73.63.14.0-5.9
    Income from continuing operations  6.70.9-11.212.3    
Income (loss) from discontinued operations, net of taxes  -0.10.0-3.4-8.1    
    Net income  13.31.8-14.616.4    
Net income attributable to non-controlling interest  0.00.0-1.1     
    Net income attributable to Travelzoo  6.60.9-13.44.24.73.56.610.9
Net income attributable to Travelzoo—continuing operations  6.70.9-10.012.34.71.66.08.5
Net income (loss) attributable to Travelzoo—discontinued operations  -0.10.0-3.4-8.1 1.90.62.3
   
Income per share—basic          
Continuing operations (in dollars per share)  0.00.00.00.0 0.00.00.0
Discontinued operations (in dollars per share)    0.00.0 0.00.00.0
   
    Net income per share - basic (in dollars per share)  $0.54$0.08($1.18)$0.35$0.38$0.27$0.47$0.74
   
Income per share—diluted          
Continuing operations (in dollars per share)  0.00.00.00.0 0.00.00.0
Discontinuing operations (in dollars per share)    0.00.0 0.00.00.0
    Income per share - diluted (in dollars per share)  $0.53$0.07($1.18)$0.35$0.37$0.27$0.47$0.74
   
Shares used in per share calculation from operations—basic (in shares)  12.411.611.311.812.312.914.014.7
Shares used in per share calculation from operations—diluted (in shares)  12.613.011.312.012.512.914.014.7

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