Lastminute.com NV
SIX:LMN
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Lastminute.com NV
lastminute.com NV is a online travel agency that provides flight and non-flight travel services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 1,150 full-time employees. The company went IPO on 2014-04-15. Consumers can search for and compare flights, hotel rooms, package holidays, cruises, rental car offers, shared mobility providers, restaurants, insurance and other travel-related products. Users can also book and buy these services using the Company’s platforms and Websites, such as Bravofly, Rumbo, Volagratis, Viaggiare, Viajar, Crocierissime, Bravoavia, Jetcost and hotelscan. The firm is organized into two segments: The Travel Business Unit and the Media Business Unit. The firm is active in more than 35 countries and is also engaged in the development of mobile travel applications with geo-referencing features. Its subsidiaries include Map2app and Bat Sharing, among others.
lastminute.com NV is a online travel agency that provides flight and non-flight travel services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 1,150 full-time employees. The company went IPO on 2014-04-15. Consumers can search for and compare flights, hotel rooms, package holidays, cruises, rental car offers, shared mobility providers, restaurants, insurance and other travel-related products. Users can also book and buy these services using the Company’s platforms and Websites, such as Bravofly, Rumbo, Volagratis, Viaggiare, Viajar, Crocierissime, Bravoavia, Jetcost and hotelscan. The firm is organized into two segments: The Travel Business Unit and the Media Business Unit. The firm is active in more than 35 countries and is also engaged in the development of mobile travel applications with geo-referencing features. Its subsidiaries include Map2app and Bat Sharing, among others.
Strong Revenue Growth: Revenue rose 17% year-on-year in Q3 to EUR 101 million, with all core segments showing double-digit growth.
Profitability Improvement: Adjusted EBITDA grew 35% in Q3 to EUR 17.2 million, and adjusted EBITDA minus CapEx increased by 68%, reflecting higher efficiency.
Cost Discipline: Fixed costs decreased by 6% year-on-year in Q3, supporting improved cash generation and operational leverage.
Cruise Division Exit: The company is discontinuing its underperforming Cruise business, focusing resources on core segments with profitable growth potential.
Guidance Raised: Management raised EBITDA growth guidance to around 20% year-on-year, citing improved unit economics and strong execution.
Cash Position: Free cash flow reached EUR 16.4 million over the last 12 months, and effective cash position is around EUR 55 million after adjustments.
Three-Year Outlook: The company targets EUR 450 million in revenue and over EUR 70 million in adjusted EBITDA by 2028, emphasizing scalability and automation.
