Travel + Leisure(TNL)

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TNL Mediagene to Present at Sidoti Micro-Cap Virtual Investor Conference on May 21-22, 2025
Prnewswire· 2025-05-15 12:30
NEW YORK and TOKYO, May 15, 2025 /PRNewswire/ -- TNL Mediagene (Nasdaq: TNMG, the "Company"), a Tokyo-based next-generation digital media and data group in Asia, will present and host one-on- one meetings with investors at the Sidoti Micro-Cap Virtual Investor Conference, taking place on May 21-22, 2025. Co-Founder & CEO Joey Chung and Co-Founder & President Motoko Imada will be present at the event to give a presentation of the business and conduct one-on-one meetings with investors to discuss the Company' ...
TNL Mediagene Announces Investor Conference Calendar, Publicly Files Investor Presentation with Key Business Updates
Prnewswire· 2025-05-13 13:30
-Sidoti & Company Micro-Cap Conference on May 21, 2025 & May 22, 2025 -The Emerging Growth Conference on May 21, 2025 & May 22, 2025-Maxim Group's 2025 Virtual Tech Conference on June 3, 2025 - June 5, 2025The Company will be releasing additional information regarding the details of its investor conference participation as the conference dates approach. During the investor conferences, the Company expects to discuss its FY2024 performance; Strategic Expansion Plan, including its Global Talent Management and ...
TNL Mediagene Pursues Cost-Efficient Expansion with New C-Level Hires and Strategic M&A Focus
Prnewswire· 2025-05-07 15:16
As part of its Global Talent Management pillar, the company announced the appointment of Aya Miyake as Chief Governance Officer and Carly Ma as Chief Human Resources Officer. Aya Miyake brings over two decades of capital markets and business experience including executive roles at Tokyo Stock Exchange, Osaka Securities Exchange and Automotive Fund. Aya's extensive experience includes corporate governance, public listings, capital raising, investor relations and compliance. Aya's role as Chief Governance Off ...
TNL Mediagene Reports Full Year 2024 Financial Results, Highlighting Robust Growth, Cost Efficiency and Compelling Future Opportunities
Prnewswire· 2025-05-01 16:00
NEW YORK and TOKYO, May 1, 2025 /PRNewswire/ -- TNL Mediagene (Nasdaq: TNMG), a Tokyo-based next-generation digital media and data group in Asia, announces the release of its financial and operational results for the fiscal year ended December 31, 2024, as detailed in its annual report on Form 20-F for the fiscal year ended December 31, 2024, filed on April 30, 2025 and available on the US Securities and Exchange Commission's public website at www.sec.gov.The condensed financial information presented in thi ...
Travel + Leisure(TNL) - 2025 Q1 - Earnings Call Transcript
2025-04-23 16:30
Travel + Leisure Co. (NYSE:TNL) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Mike Hug - Chief Financial Officer Michael Brown - President & Chief Executive Officer Conference Call Participants David Katz - Jefferies Patrick Scholes - Truist Securities Dany Asad - Bank of America Chris Woronka - Deutsche Bank Lizzie Dove - Goldman Sachs Asset Management Ben Chaiken - Mizuho Securities Stephen Grambling - Morgan Stanley Brandt Montour - Barclays Operator Welcome to the Trave ...
Travel Leisure Co. (TNL) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-23 14:36
For the quarter ended March 2025, Travel + Leisure Co. (TNL) reported revenue of $934 million, up 2% over the same period last year. EPS came in at $1.11, compared to $0.97 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $934.58 million, representing a surprise of -0.06%. The company delivered an EPS surprise of +0.91%, with the consensus EPS estimate being $1.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Travel + Leisure(TNL) - 2025 Q1 - Quarterly Report
2025-04-23 13:40
Financial Performance - Gross VOI sales increased by 4.5% to $512 million for the three months ended March 31, 2025, compared to $490 million in the same period last year [176]. - Net revenues rose by $18 million to $934 million for the three months ended March 31, 2025, with a foreign currency impact of $4 million [177]. - Net income attributable to Travel + Leisure Co. shareholders increased by $7 million to $73 million for the three months ended March 31, 2025 [180]. - Net revenues for the Vacation Ownership segment increased by $30 million to $755 million for the three months ended March 31, 2025, compared to $725 million in the same period of 2024, with a $2 million unfavorable impact from foreign currency [182]. - Travel and Membership segment net revenues decreased by $13 million to $180 million, primarily due to a $9 million decrease in transaction revenue and a $2 million decrease in subscription revenues [185]. - Total Company Adjusted EBITDA increased by $11 million to $202 million for the three months ended March 31, 2025, compared to $191 million in the same period of 2024 [182]. Operational Metrics - Volume per guest (VPG) increased by 5.8% to $3,212, reflecting consumers' recognition of the value proposition of the company's products [176]. - Adjusted EBITDA margin improved sequentially in the Travel and Membership business due to cost-saving initiatives, despite lower revenues from decreased member counts [167]. - Adjusted EBITDA for the Vacation Ownership segment rose by $24 million to $159 million, driven by a 5.8% increase in VPG due to a higher owner upgrade transaction mix [184]. - The number of exchange transactions decreased by 12.6% to 240,000, while total transactions fell by 6.7% to 415,000 [176]. Cash Flow and Liquidity - Net cash provided by operating activities increased by $74 million to $121 million for the three months ended March 31, 2025, compared to $47 million in the prior year [215]. - Net cash used in investing activities decreased by $35 million to $(22) million during the three months ended March 31, 2025, primarily due to a $40 million acquisition of Accor Vacation Club in 2024 [216]. - Net cash used in financing activities was $(63) million for the three months ended March 31, 2025, compared to $203 million provided in the prior year, reflecting a $274 million decrease in net proceeds from corporate debt [217]. - The company closed on securitization financings of $350 million during the first quarter of 2025, reinforcing its liquidity position [205]. - The company expects to finance capital spending programs and vacation ownership development projects primarily with cash flow generated from operations and cash equivalents [223]. Debt and Interest - Interest expense decreased by $7 million to $57 million due to a lower average outstanding debt balance and reduced interest rates on variable borrowings [178]. - As of March 31, 2025, total debt amounts to $3.493 billion, with non-recourse debt at $2.200 billion and interest on debt at $1.100 billion [210]. - The total outstanding balance of variable rate borrowings at March 31, 2025, was $1.365 billion, including $295 million in non-recourse debt and $1.07 billion in corporate debt [233]. - A hypothetical 10% change in interest rates would result in a $1 million increase or decrease in annual consumer financing interest expense and a $6 million increase or decrease in annual debt interest expense for Q1 2025 [232]. - As of March 31, 2025, the interest coverage ratio was 4.48 to 1.0 and the first lien leverage ratio was 3.31 to 1.0, indicating compliance with financial covenants [200]. Assets and Liabilities - Total assets increased by $29 million to $6,764 million as of March 31, 2025, primarily due to a $39 million increase in prepaid expenses and a $21 million increase in cash and cash equivalents [191]. - Total liabilities increased by $52 million to $7,667 million, mainly due to a $51 million increase in non-recourse vacation ownership debt [194]. - The company had $188 million in cash and cash equivalents as of March 31, 2025, which includes highly liquid investments [197]. - The revolving credit facility had $785 million of available capacity as of March 31, 2025, and is set to expire in October 2026 [198]. Shareholder Returns - The share repurchase program has a total authorization of $7.0 billion, with $373 million remaining available as of March 31, 2025 [224]. - Cash dividends paid were $0.56 per share during Q1 2025, totaling $41 million, compared to $0.50 per share and $38 million in Q1 2024 [226]. Expenses - Property management expenses increased by $11 million due to higher resort operating costs [181]. - The company continues to face pressure on its loan portfolio due to elevated delinquencies compared to historical levels [169]. - The company spent $22 million on vacation ownership development projects during the three months ended March 31, 2025, with anticipated full-year spending between $150 million and $180 million [220].
Travel + Leisure(TNL) - 2025 Q1 - Earnings Call Transcript
2025-04-23 13:30
Travel + Leisure (TNL) Q1 2025 Earnings Call April 23, 2025 08:30 AM ET Company Participants Michael Hug - Chief Financial OfficerMichael Brown - CEO, President & DirectorDavid Katz - Managing DirectorC. Patrick Scholes - Managing Director - Lodging & Leisure Equity ResearchDany Asad - DirectorLizzie Dove - Vice President Equity ResearchStephen Grambling - Managing Director Conference Call Participants Chris Woronka - AnalystBenjamin Chaiken - Equity AnalystBrandt Montour - Director, Equity Research Analyst ...
TNL Mediagene Publicly Announces Its Company Snapshot Presentation Including Preliminary FY2024 Revenue and Adjusted EBITDA Guidance
Prnewswire· 2025-04-22 16:59
NEW YORK and TOKYO, April 22, 2025 /PRNewswire/ -- TNL Mediagene (Nasdaq: TNMG), a Tokyo-based next-generation digital media and data group in Asia, today publicly filed its Company Snapshot presentation highlighting key aspects of its business including preliminary 2024 Revenue and Adjusted EBITDA Guidance:30%+ Year-on-Year Revenue Growth in FY2024: The group achieved a revenue increase of more than 30% year-over-year. Revenue growth was driven by diversification into tech- and data-powered products, inclu ...
WorldMark by Wyndham Hiking Concierge Program Provides National Park Visitors with Expert Tips for Every Adventure Just Beyond the Trailhead
Globenewswire· 2025-04-18 14:33
National Park Week Begins April 19ORLANDO, Fla., April 18, 2025 (GLOBE NEWSWIRE) -- America’s 63 National Parks draw in serious hikers, and they also provide opportunities for beginners and families alike to unwind, take their time and soak in nature’s beauty. For National Park Week and beyond, the program offers expert content to help travelers make the most of their time outdoors. The adventure-loving vacation club WorldMark by Wyndham has proudly teamed up with America’s Park Ranger, Ash Nudd, as the Wor ...