NASDAQ : TZOO
Travelzoo — Financial statements
Communication Services · Internet Content & Information · United States
Last price 5.16 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 52.64M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Travelzoo (TZOO) reported revenue of 92.86M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 92.86M | 91.72M | 83.90M | 84.48M | 70.60M | 62.71M |
| Cost of Revenue | 23.03M | 18.08M | 10.47M | 10.93M | 10.00M | 11.39M |
| Gross Profit | 69.83M | 73.64M | 73.43M | 73.54M | 60.60M | 51.32M |
| Selling, General & Admin | 68.72M | 64.19M | 52.53M | 55.86M | 50.77M | 50.05M |
| Research & Development | 2.44M | 2.55M | 2.41M | 2.11M | 2.06M | 2.59M |
| Operating Expenses | 71.16M | 66.74M | 54.94M | 57.97M | 52.84M | 52.64M |
| Operating Income | -1.33M | 6.90M | 18.50M | 15.57M | 7.76M | -1.31M |
| Currency Exchange Gain (Loss) | 235.00K | 235.00K | 129.00K | 65.00K | 72.00K | 31.00K |
| Other Non Operating Income (Expenses) | 227.00K | 518.00K | 459.00K | 1.27M | 2.33M | 387.00K |
| EBT Excluding Unusual Items | -864.00K | 7.66M | 19.09M | 16.91M | 10.16M | -895.00K |
| Asset Writedown | -200.00K | |||||
| Other Unusual Items | 205.00K | 3.59M | ||||
| Pretax Income | -864.00K | 7.66M | 19.09M | 17.11M | 9.96M | 2.69M |
| Income Tax Expense | 645.00K | 2.68M | 5.40M | 5.11M | 3.27M | 1.78M |
| Earnings From Continuing Operations | -1.51M | 4.98M | 13.68M | 12.01M | 6.69M | 915.00K |
| Earnings From Discontinued Operations | 460.00K | -59.00K | -13.00K | |||
| Net Income to Company | -1.51M | 4.98M | 13.68M | 12.47M | 6.63M | 902.00K |
| Minority Interest in Earnings | -179.00K | -279.00K | -118.00K | -102.00K | 5.00K | 9.00K |
| Net Income | -1.69M | 4.70M | 13.56M | 12.37M | 6.63M | 911.00K |
| Net Income to Common | -1.69M | 4.70M | 13.56M | 12.37M | 6.63M | 911.00K |
| Shares Outstanding (Basic) | 10.33M | 11.18M | 12.59M | 14.90M | 12.37M | 11.65M |
| Shares Outstanding (Diluted) | 10.33M | 11.48M | 12.85M | 14.96M | 12.56M | 12.99M |
| EPS (Basic) | -0.16 | 0.42 | 1.08 | 0.83 | 0.54 | 0.08 |
| EPS (Diluted) | -0.16 | 0.41 | 1.06 | 0.83 | 0.53 | 0.07 |
| Free Cash Flow | 5.39M | 5.60M | 20.92M | 10.42M | -23.58M | -8.11M |
| Free Cash Flow Per Share | 0.52 | 0.49 | 1.63 | 0.70 | -1.88 | -0.62 |
| Gross Margin | 75.20% | 80.29% | 87.52% | 87.06% | 85.83% | 81.84% |
| Operating Margin | -1.43% | 7.53% | 22.05% | 18.43% | 10.99% | -2.09% |
| Profit Margin | -1.82% | 5.12% | 16.17% | 14.64% | 9.40% | 1.45% |
| Free Cash Flow Margin | 5.81% | 6.10% | 24.94% | 12.34% | -33.40% | -12.93% |
| EBITDA | -1.22M | 7.09M | 19.25M | 17.43M | 9.95M | 505.00K |
| EBITDA Margin | -1.32% | 7.73% | 22.95% | 20.63% | 14.09% | 0.80% |
| D&A For EBITDA | 103.00K | 189.00K | 753.00K | 1.85M | 2.19M | 1.82M |
| EBIT | -1.33M | 6.90M | 18.50M | 15.57M | 7.76M | -1.31M |
| EBIT Margin | -1.43% | 7.53% | 22.05% | 18.43% | 10.99% | -2.09% |
| Effective Tax Rate | 34.99% | 28.31% | 29.83% | 32.84% | 66.02% | |
| Advertising Expenses | 11.80M | 3.92M | 9.84M | 6.40M | 3.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.09M | 10.01M | 17.06M | 15.71M | 18.69M | 43.81M |
| Short-Term Investments | 259.00K | 83.00K | 286.00K | 153.00K | 190.00K | |
| Cash & Short-Term Investments | 8.09M | 10.27M | 17.15M | 16.00M | 18.85M | 44.01M |
| Accounts Receivable | 11.20M | 10.72M | 12.82M | 12.96M | 13.82M | 14.87M |
| Receivables | 11.20M | 10.72M | 12.82M | 12.96M | 14.05M | 14.87M |
| Inventory | 124.00K | |||||
| Prepaid Expenses | 1.96M | 829.00K | 921.00K | 1.08M | 764.00K | 2.77M |
| Other Current Assets | 2.09M | 1.45M | 880.00K | 720.00K | 1.93M | 3.48M |
| Total Current Assets | 23.34M | 23.40M | 31.77M | 30.77M | 35.59M | 65.12M |
| Property, Plant & Equipment | 4.85M | 4.28M | 6.08M | 6.59M | 8.10M | 8.36M |
| Goodwill | 10.94M | 10.94M | 10.94M | 10.94M | 10.94M | 10.94M |
| Other Intangible Assets | 1.45M | 1.45M | 1.50M | 2.09M | 3.65M | 3.43M |
| Long-Term Deferred Tax Assets | 4.96M | 4.20M | 3.38M | 3.20M | 3.22M | 3.95M |
| Other Long-Term Assets | 1.15M | 922.00K | 1.05M | 1.79M | 5.77M | 7.93M |
| Total Assets | 46.70M | 45.19M | 54.72M | 55.38M | 67.27M | 99.73M |
| Accounts Payable | 20.89M | 19.43M | 22.46M | 25.17M | 36.84M | 72.09M |
| Accrued Expenses | 5.00M | 3.74M | 3.26M | 3.39M | 3.77M | 5.05M |
| Current Portion of Leases | 2.20M | 1.81M | 2.47M | 2.53M | 2.97M | 3.18M |
| Current Income Taxes Payable | 27.00K | 279.00K | 1.62M | 766.00K | 185.00K | |
| Current Unearned Revenue | 13.52M | 8.73M | 6.54M | 2.04M | 2.22M | 1.73M |
| Other Current Liabilities | 188.00K | 144.00K | 292.00K | 1.73M | 5.65M | |
| Total Current Liabilities | 41.64M | 34.17M | 36.50M | 34.19M | 47.53M | 87.88M |
| Long-Term Leases | 4.15M | 4.18M | 5.65M | 6.72M | 8.33M | 9.11M |
| Other Long-Term Liabilities | 10.68M | 9.26M | 8.23M | 5.59M | 2.56M | 2.36M |
| Total Liabilities | 56.46M | 47.61M | 50.37M | 46.50M | 58.42M | 99.36M |
| Common Stock | 100.00K | 109.00K | 118.00K | 136.00K | 165.00K | 126.00K |
| Additional Paid-In Capital | 439.00K | 23.27M | 4.42M | |||
| Retained Earnings | -151.00K | 7.24M | 14.28M | 19.51M | 7.14M | 508.00K |
| Treasury Stock | -7.13M | -5.49M | ||||
| Comprehensive Income & Other | -14.90M | -14.87M | -14.86M | -15.90M | -19.20M | -3.79M |
| Total Common Equity | -14.96M | -7.52M | -462.00K | 4.19M | 4.26M | -4.23M |
| Minority Interest | 5.20M | 5.09M | 4.82M | 4.70M | 4.59M | 4.60M |
| Shareholders' Equity | -9.76M | -2.42M | 4.35M | 8.88M | 8.85M | 368.00K |
| Total Liabilities & Equity | 46.70M | 45.19M | 54.72M | 55.38M | 67.27M | 99.73M |
| Total Debt | 6.35M | 6.00M | 8.12M | 9.25M | 11.30M | 12.29M |
| Net Cash (Debt) | 1.74M | 4.27M | 9.03M | 6.75M | 7.55M | 31.71M |
| Net Cash Per Share | 0.17 | 0.37 | 0.70 | 0.45 | 0.60 | 2.44 |
| Filing Date Shares Outstanding | 10.20M | 10.93M | 11.25M | 13.22M | 14.91M | 12.06M |
| Total Common Shares Outstanding | 10.20M | 10.93M | 11.84M | 13.57M | 15.70M | 12.06M |
| Working Capital | -18.30M | -10.77M | -4.72M | -3.42M | -11.94M | -22.76M |
| Book Value Per Share | -1.47 | -0.69 | -0.04 | 0.31 | 0.27 | -0.35 |
| Tangible Book Value | -27.35M | -19.91M | -12.90M | -8.85M | -10.34M | -18.60M |
| Tangible Book Value Per Share | -2.68 | -1.82 | -1.09 | -0.65 | -0.66 | -1.54 |
| Machinery | 2.36M | 2.21M | 2.19M | 6.73M | 9.98M | |
| Leasehold Improvements | 813.00K | 763.00K | 804.00K | 2.41M | 4.12M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.69M | 4.70M | 13.56M | 12.37M | 6.63M | 911.00K |
| Depreciation & Amortization | 103.00K | 189.00K | 753.00K | 1.85M | 2.19M | 1.82M |
| Other Amortization | 116.00K | 116.00K | 154.00K | 39.00K | 1.00K | 2.00K |
| Asset Writedown & Restructuring Costs | 10.00K | 247.00K | ||||
| Loss (Gain) From Sale of Investments | -196.00K | |||||
| Stock-Based Compensation | 1.40M | 1.45M | 1.65M | 1.57M | 1.80M | 3.75M |
| Provision & Write-off of Bad Debts | -30.00K | 182.00K | 40.00K | -1.02M | -4.37M | 425.00K |
| Other Operating Activities | -1.28M | -494.00K | -433.00K | 88.00K | 1.00M | -3.16M |
| Change in Accounts Receivable | 1.13M | 2.37M | -145.00K | 1.09M | 1.32M | -9.73M |
| Change in Accounts Payable | 1.01M | 1.47M | 1.72M | -523.00K | 902.00K | -3.31M |
| Change in Unearned Revenue | 4.53M | 2.02M | 4.56M | -191.00K | ||
| Change in Income Taxes | -508.00K | -2.00M | 750.00K | 1.94M | 1.29M | -2.60M |
| Change in Other Net Operating Assets | 680.00K | -4.34M | -1.50M | -6.54M | -33.94M | 3.81M |
| Operating Cash Flow | 5.46M | 5.66M | 21.10M | 10.68M | -23.12M | -8.08M |
| Capital Expenditures | -62.00K | -65.00K | -177.00K | -255.00K | -462.00K | -29.00K |
| Sale (Purchase) of Intangibles | -1.05M | |||||
| Investment in Securities | 196.00K | |||||
| Other Investing Activities | 216.00K | 133.00K | ||||
| Investing Cash Flow | -62.00K | -65.00K | -177.00K | -39.00K | -1.31M | 104.00K |
| Short-Term Debt Repaid | -110.00K | |||||
| Total Debt Repaid | -110.00K | |||||
| Net Debt Issued (Repaid) | -110.00K | |||||
| Issuance of Common Stock | 1.75M | 3.00M | 2.88M | |||
| Repurchase of Common Stock | -5.74M | -13.07M | -20.73M | -17.15M | -1.64M | -11.05M |
| Other Financing Activities | 46.00K | |||||
| Financing Cash Flow | -5.74M | -13.07M | -18.97M | -14.15M | 1.28M | -11.16M |
| Foreign Exchange Rate Adjustments | -61.00K | 495.00K | -599.00K | 525.00K | -2.46M | -259.00K |
| Net Cash Flow | -403.00K | -6.98M | 1.35M | -2.99M | -25.61M | -19.40M |
| Free Cash Flow | 5.39M | 5.60M | 20.92M | 10.42M | -23.58M | -8.11M |
| Free Cash Flow Margin | 5.81% | 6.10% | 24.94% | 12.34% | -33.40% | -12.93% |
| Free Cash Flow Per Share | 0.52 | 0.49 | 1.63 | 0.70 | -1.88 | -0.62 |
| Levered Free Cash Flow | 7.06M | 5.83M | 16.44M | 2.01M | -28.44M | -1.28M |
| Unlevered Free Cash Flow | 7.06M | 5.83M | 16.44M | 2.01M | -28.44M | -1.28M |
| Cash Interest Paid | 4.00K | |||||
| Cash Income Tax Paid | 3.83M | 3.83M | 1.94M | -1.00K | 1.15M | 3.12M |
| Change in Working Capital | 6.84M | -477.00K | 5.38M | -4.23M | -30.43M | -11.83M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 53.05M | 77.84M | 235.50M | 133.15M | 55.18M | 115.48M |
| Enterprise Value | 51.31M | 80.92M | 237.67M | 131.65M | 50.38M | 68.08M |
| Last Close Price | 5.16 | 7.12 | 19.95 | 9.53 | 4.45 | 9.42 |
| PE Ratio | 16.57 | 17.36 | 10.77 | 8.32 | 126.76 | |
| Forward PE | 14.08 | 6.75 | 19.40 | 9.72 | 6.85 | 9.42 |
| PS Ratio | 0.57 | 0.85 | 2.81 | 1.58 | 0.78 | 1.84 |
| PB Ratio | -32.14 | 54.10 | 14.99 | 6.23 | 313.79 | |
| P/FCF Ratio | 9.76 | 13.91 | 11.26 | 12.78 | ||
| P/OCF Ratio | 9.65 | 13.75 | 11.16 | 12.47 | ||
| PEG Ratio | 5.03 | 5.03 | 5.03 | 5.03 | 5.03 | |
| EV/Sales Ratio | 0.55 | 0.88 | 2.83 | 1.56 | 0.71 | 1.09 |
| EV/EBITDA Ratio | 11.41 | 12.35 | 7.55 | 5.07 | 134.82 | |
| EV/EBIT Ratio | 11.72 | 12.85 | 8.45 | 6.49 | ||
| EV/FCF Ratio | 9.44 | 14.46 | 11.36 | 12.63 | ||
| Debt / Equity Ratio | -0.65 | -2.48 | 1.86 | 1.04 | 1.28 | 33.40 |
| Debt / EBITDA Ratio | 2.78 | 0.58 | 0.36 | 0.46 | 0.90 | 2.78 |
| Debt / FCF Ratio | 1.18 | 1.07 | 0.39 | 0.89 | ||
| Net Debt / Equity Ratio | 0.18 | 1.76 | -2.07 | -0.76 | -0.85 | -86.18 |
| Net Debt / EBITDA Ratio | 1.42 | -0.60 | -0.47 | -0.39 | -0.76 | -62.80 |
| Net Debt / FCF Ratio | -0.32 | -0.76 | -0.43 | -0.65 | 0.32 | 3.91 |
| Asset Turnover | 2.00 | 1.84 | 1.52 | 1.38 | 0.84 | 0.62 |
| Quick Ratio | 0.46 | 0.61 | 0.82 | 0.85 | 0.69 | 0.67 |
| Current Ratio | 0.56 | 0.69 | 0.87 | 0.90 | 0.75 | 0.74 |
| Return on Equity (ROE) | 515.59% | 206.74% | 135.42% | 145.09% | 26.65% | |
| Return on Assets (ROA) | -1.79% | 8.64% | 21.00% | 15.87% | 5.81% | -0.81% |
| Return on Invested Capital (ROIC) | -19.92% | 40.72% | 636.38% | 399.83% | ||
| Return on Capital Employed (ROCE) | -26.20% | 62.60% | 101.50% | 73.50% | 39.30% | -11.10% |
| Earnings Yield | -3.14% | 6.04% | 5.76% | 9.29% | 12.02% | 0.79% |
| FCF Yield | 10.24% | 7.19% | 8.88% | 7.83% | -42.74% | -7.03% |
| Buyback Yield / Dilution | 14.34% | 10.70% | 14.11% | -19.13% | 3.31% | -14.52% |