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Trustpilot Group Plc ( (GB:TRST) ) just unveiled an update.
Trustpilot Group Plc reported a strong performance for the fiscal year ending December 2024, with a 21% growth in constant currency bookings and an expected adjusted EBITDA ahead of consensus. The company saw significant growth across its focus markets, particularly in North America, with new B2B product innovations and strategic improvements driving a higher net dollar retention rate of 103%. The fiscal year also saw a substantial increase in annual recurring revenue and strong cash generation, despite the completion of a substantial share buyback program.
More about Trustpilot Group Plc
Trustpilot Group Plc operates in the online review industry, providing a platform that connects consumers and businesses through reviews. It aims to be a universal symbol of trust, enabling consumers to make informed choices and helping businesses to build trust and grow. With over 320 million reviews and 70 million monthly active users worldwide, Trustpilot is headquartered in Copenhagen and has offices across major cities globally.
YTD Price Performance: -12.38%
Average Trading Volume: 1,817,948
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.11B
See more data about TRST stock on TipRanks’ Stock Analysis page.
