trivago N.V.(US:TRVG)2023-02-08 12:56Financial Performance - Q4 2022 - Total revenue increased by 17.7% to €104.9 million, compared to €89.1 million in Q4 2021[7, 26] - Referral revenue increased by 21.1% to €101.4 million in Q4 2022, compared to €83.7 million in Q4 2021[13, 26] - Adjusted EBITDA increased by 15.5% to €22.6 million, representing 21.6% of total revenue, compared to €19.6 million in Q4 2021, which was 22.0% of total revenue[7, 28] - Net income decreased by 31.5% to €10.4 million, compared to €15.2 million in Q4 2021[7, 26] Financial Performance - Full Year 2022 - Total revenue increased by 48.0% to €535.0 million, compared to €361.4 million in FY 2021[7, 18] - Referral revenue increased by 49.3% to €521.8 million, compared to €349.4 million in FY 2021[13, 18] - Adjusted EBITDA increased by 210.2% to €107.5 million, representing 20.1% of total revenue, compared to €34.6 million in FY 2021, which was 9.6% of total revenue[7, 20] - Net loss was €127.2 million, compared to a net income of €10.7 million in FY 2021[7, 18] This includes an impairment charge for goodwill and intangible assets of €184.6 million[18, 21] Regional Performance - Referral Revenue (YoY) - Americas referral revenue increased by 15% in Q4 and 54.5% for the full year[13, 21] - Developed Europe referral revenue increased by 23% in Q4 and 45.2% for the full year[15, 21] - Rest of World referral revenue increased by 32% in Q4 and 48.5% for the full year[16, 21]