Financial Data and Key Metrics Changes - Consolidated Q2 revenue was $21.1 million, up 19% from $17.7 million in the previous year, with constant currency revenue at $21.2 million, reflecting a 20% year-over-year increase [4] - Operating income increased 84% year-over-year to $3.3 million, representing 15% of revenues, up from $1.8 million in the prior year [4][6] - As of June 30, 2023, the company had 30.8 million unduplicated members compared to 30.7 million a year earlier [4] Business Segment Data and Key Metrics Changes - North America segment revenue increased by $1.8 million from $12.4 million to $14.1 million, with operating profit rising to $3.8 million from $3.3 million [6] - Europe segment revenue increased by $1.5 million from $4.4 million to $5.9 million, with operating loss reduced to $239,000 from $1.5 million [6] - Operating margin reached 15% in Q2, up from 10% in the same period last year, with North America achieving an operating margin of 27% [6][7] Market Data and Key Metrics Changes - Revenue growth accelerated in Europe and at Jack's Flight Club, with year-over-year growth rates higher across all business segments compared to the previous year [4][8] - Europe experienced a year-over-year revenue growth rate of 35%, indicating a recovery in momentum [24] Company Strategy and Development Direction - The company aims to surpass pre-pandemic member numbers and accelerate revenue growth while utilizing higher operating margins to significantly increase EPS [9] - Plans to grow Jack's Flight Club's profitable subscription revenue and develop Travelzoo META with discipline [9][10] Management's Comments on Operating Environment and Future Outlook - Management noted a trend of weakening demand for hotels, which is leading to more opportunities for the company to create exclusive offers for its members [26][27] - The company is optimistic about the second half of the year, expecting better opportunities to create exclusive offers due to the current market conditions [27][32] Other Important Information - The company has launched Travelzoo META, accepting 1 million founding members, with a focus on building the service in phases [10][19] - The balance sheet has improved significantly, with a decrease in merchant payables and stable cash levels [23] Q&A Session Summary Question: Cost structure and its adequacy - Management believes fixed costs are stable and will remain so for the next few quarters, with some flexibility in marketing spend [11] Question: Margin profile comparison between US and Europe - Operating margins in North America are around 30%, with expectations for Europe to catch up as it improves [12] Question: Objectives for Jack's Flight Club - Membership for Jack's Flight Club increased by 30%, with optimism about its contribution to overall company performance [14] Question: AI and machine learning initiatives - The company is exploring AI initiatives but will disclose details at a later time [17][18] Question: Travelzoo META membership expectations - The company is encouraged by the quarterly results but cannot disclose specific data yet [19] Question: Recovery in Europe and share repurchase plans - The company is confident in the recovery of Europe, with a year-over-year growth rate of 35% and plans for share repurchases [24][25] Question: Impact of economic weakness on consumer travel budgets - There is a trend of weakening demand for hotels, but this has led to more opportunities for the company to create offers [26] Question: Booking trends - Consumers are returning to pre-pandemic booking behaviors, with a normalization in booking windows [28] Question: Future milestones for Travelzoo META - Milestones are being tracked, but specific details will be disclosed as they approach [30]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________________ Form 10-Q ______________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Title of each class | Trading ...

Travelzoo (NASDAQ:TZOO) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Holger Bartel - Global Chief Executive Officer Lijun Qi - Finance Director Arveena Ahluwalia - General Manager, Travelzoo META Conference Call Participants Michael Kupinski - NOBLE Capital Markets Jim Goss - Barrington Research Steve Silver - Argus Research Operator Hello, everyone. Welcome to the Travelzoo First Quarter 2023 Financial Results Conference Call. [Operator Instructions] Today’s call is bein ...

NASDAQ: TZOO First Quarter 2023 Performance April 27, 2023 Important Notice to Investors Please read this management presentation together with the Company's press release issued earlier today announcing the Company's first quarter 2023 financial results and in conjunction with the Company's recent Annual Report and Quarterly Reports as filed with the Securities and Exchange Commission (SEC). Certain statements contained in this presentation that are not historical facts may be forward looking statements wi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________________ Form 10-K ______________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . ...

Travelzoo (NASDAQ:TZOO) Q4 2022 Earnings Conference Call March 22, 2023 11:30 AM ET Company Participants Wayne Lee - CFO Holger Bartel - Global CEO Arveena Ahluwalia - Global Director, META Conference Call Participants Michael Kupinski - NOBLE Capital Markets James Goss - Barrington Research Associates Ed Woo - Ascendiant Capital Markets Steven Silver - Argus Research Company Operator Hello, everyone. Welcome to the Travelzoo Fourth Quarter 2022 Financial Results Conference Call. [Operator Instructions]. Th ...

Travelzoo (NASDAQ:TZOO) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Wayne Lee - Chief Financial Officer Holger Bartel - Chief Executive Officer Arveena Ahluwalia - Global Director, Travelzoo META Conference Call Participants Mike Kupinski - NOBLE Capital Markets Jim Goss - Barrington Research Steve Silver - Argus Research Ed Woo - Ascendiant Capital Operator Hello, everyone. Welcome to the Travelzoo Third Quarter 2022 Financial Results Conference Call. All participants ...

NASDAQ: TZOO Third Quarter 2022 Performance October 26, 2022 Important Notice to Investors Please read this management presentation together with the Company's press release issued earlier today announcing the Company's third quarter 2022 financial results and in conjunction with the Company's recent Annual Report and Quarterly Reports as filed with the Securities and Exchange Commission (SEC). Certain statements contained in this presentation that are not historical facts may be forward looking statements ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________________ Form 10-Q ______________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from t ...

Travelzoo (NASDAQ:TZOO) Q2 2022 Earnings Conference Call July 27, 2022 11:00 AM ET Company Participants Lisa Su - Chief Accounting Officer Holger Bartel - Global CEO Arveena Ahluwalia - Global Director of Travelzoo META Conference Call Participants Michael Kupinski - Noble Capital Markets Edward Woo - Ascendiant Capital Steve Silver - Argus Research James Goss - Barrington Research Operator Hello, everyone. Welcome to the Travelzoo Second Quarter 2022 Financial Results Conference Call. All participants have ...