Quarterly Revenue Growth
Travelzoo's consolidated Q1 revenue was $23.1 million, up 5% from the prior year and reaching the highest quarterly revenue since the pandemic. In constant currencies, revenue was $23.3 million, up 6% from the prior year.
Membership Fee Revenue Impact
Revenue per membership fees increased to $2.4 million. Travelzoo introduced a membership fee, converting Legacy Members to Club Members, which is expected to drive significant and incremental revenue growth.
North America Performance
North America segment showed the strongest revenue growth, with the GAAP operating margin at 24% for Q1 2025, despite a decrease due to investments in member growth.
Jack's Flight Club Growth
Revenue increased 20% year-over-year for Jack's Flight Club, with a 13% increase in premium subscribers.
Share Repurchases and Cash Position
Travelzoo repurchased 590,839 shares of the company's outstanding common stock. Consolidated cash, cash equivalents, and restricted cash was $12.2 million as of March 31, 2025.