Last price: €2.30
52w range:
€0.70
to
€2.54
52w change:
226.00%
to
-9.00%
Forward PE:
Trailing EPS: 0.01
50d average: €2.18
(6%)
200d average: €1.44
(59%)
Open: €2.18
Previous close: €2.22
Change: €0.08
(3.60%)
Day high: €2.30
Day low: €2.18
Volume: 10.00
Avg. vol 3m: 71.00
Frankfurt
FWB:6VZ.F
Cap: 949.96 million
Shares outstanding: 413.0 million
Price hint: 4
Price to book: 15.33
Yahoo Quote
Trustpilot Group plc is a Denmark-based technology company that operates a customer review platform. Its main product allows businesses to gather and respond to customer reviews, engage with their customers, and analyze the results. The company has office locations in various parts of the world including Denmark, the United Kingdom, the United States, Lithuania, Germany, and Australia, underscoring an international presence.
Trustpilot went public in March 2021 on the London Stock Exchange, valuing the company at around £1.1 billion. According to the 2020 financial data, the company's yearly revenue was around $102 million, up about 25% from the prior year.
However, it's also worth noting that as of 2020, Trustpilot was not profitable, with the annual net loss amounting to about $14.32 million. That is an area of concern for potential investors.
Some investors are attracted to Trustpilot because of its solid market position and the potential for growth in the online review market. The company's reviews are used widely online and can even influence Google search results, which showcases the potential of its influence.
On the flip side, some concerns include the possibility of negative sentiment or trust issues arising from fraudulent or false reviews on the platform. Delivering sustainable growth and profitability is a concern given the competition in the sector and monetary effects of being in a free-to-access model.
By investing in Trustpilot Group plc, you would be investing not only in the company itself but also in the broader growth potential of the online review industry. It's advisable to consider Trustpilot's financial performance, in line with your risk tolerance and investment objectives, especially the fact that the company is currently not profitable.
This summary provides general information, and it’s crucial to conduct comprehensive personal research or consult with a financial adviser before making investment decisions. The stock market is inherently risky and involves potential loss of capital.