Trustpilot Share Discussion Threads

[catabrit] 22/3/2023 13:41

This thing has a serious moat. I cannot believe it's only a circa 380m market cap. Someone needs to come in and start cutting wasteful expenditure and showing the market the margins. It would absolutely fly. I have lost count of the amount of references to Trustpilot in the RNSs I have been going through this year.

[pugugly] 13/3/2023 07:55

SVB UK was Trustpilot's principal banking partner, but we have alternative banking relationships that allow us to continue to operate our ordinary course of business.

Our immediately accessible cash is $24 million, made up of $19 million cash on deposit with another bank, $4.5 million guaranteed by the US Federal Reserve following their announcement on 12 March, and amounts due to be returned under the guaranteed deposit insurance schemes in the UK.

On 31 December 2022, our net cash balance was $73.5 million with no debt. This was unchanged on our cash position on 30 June 2022, as during the second half of the financial year we achieved breakeven at the adjusted EBITDA level and did not consume cash. Our positive momentum and operating leverage have continued since the year end, and we have been cash flow positive each month since September 2022.

The Board is confident in Trustpilot's' liquidity position and resilience. Meanwhile, we have put in place measures to proactively manage our cash position during this period of uncertainty, and wider unpredictability in the current macroeconomic environment.

We are encouraged that the Federal Reserve, Treasury and Federal Insurance Corporation have announced that depositors will have access to all their deposits from today, and we are awaiting news regarding our remaining cash deposits and cash in transit(*) at SVB UK as they are now subject to the Bank of England's bank insolvency procedures in the UK.

(*) $36 million held in SVB UK; $18 million currently in transfer out of SVB UK but pending confirmation.

[tole] 27/1/2023 07:39

Berenberg bullish on TrustpilotFull-year results from consumer review platform Trustpilot (TRST) show its new strategy is working, and Berenberg believes there is further upside to come.Analyst Bharath Nagaraj retained his 'buy' recommendation but cut the target price from 200p to 180p on the stock, which rallied more than 7% to 109.7p last week.It reported largely in-line revenue and bookings growth in full-year 2022, and earnings are expected to be ahead of expectations, benefiting from the operating leverage in the business.'Pleasingly, net revenue retention improved... despite the macroeconomic backdrop, which clearly means that businesses value the group's product as a way to stay differentiated in front of increasingly thrifty and selective consumers,' said Nagaraj.'Moreover, North America, where the group reported high single-digit bookings growth in the first half, has now returned to double-digit growth for the full year which means that the revamped go-to market strategy in the region is working.'Although the macro backdrop remains difficult, Nagaraj said he remains 'bullish on Trustpilot because we feel that at 1.8x enterprise value/sales, the risk/reward is favourable for a business that is still growing more than 20% pa year and has a strong balance sheet'.

[twistednik] 15/1/2023 06:26

Good route to cash flow positive & cheap at 2.5x aRR. Keeping a close eye

[leeson31] 12/1/2023 21:27

Todays results immense. I think 300p/should on recovery now IMHO

[babbler] 12/1/2023 07:55

Impressive update

[disc0dave45] 17/11/2022 12:16

Interesting, thanks.

[disc0dave45] 03/11/2022 17:47

96.7p gap filled today, which way now?

[disc0dave45] 02/11/2022 17:23

Didn't quite fill the gap from the 24th Oct, may see if 92 is next?.

[disc0dave45] 02/11/2022 14:07

Graham Neary on TRST that may be of interest (from about 15:40):Https://youtu.be/4R38U6PYEqA

[scepticalinvestor] 26/10/2022 15:46

Now up over 110% on my buy at 55...might sell at 130

[melloteam] 29/9/2022 12:14

FREE RESULTS ROUND UP

Just to let shareholders and prospective investors know that TRST will be discussed in the Results Round Up at the Results Round Up Webinar at 2pm - 6.30pm on Thursday 29th September 2022. .

The programme is as follows:

2.00 pm David Stevenson discusses The Small Cap Discount : Opportunity Knocks with David Stredder
2.30 pm Company presentation by Fintel
3.00 pm Results Round-up from Graham Neary
3.30 pm Company presentation by Brave Bison
4.00 pm Company presentation by Avation
4.40 pm Company presentation by TPFG
5.00 pm Results Round-up from Mark Simpson including the Good, the Bad and the Ugly
5.30 pm Company presentation by S&U

The event is FREE and there will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

[johnkidd1] 17/9/2022 09:44

TRST has a top management team growing revenues and its customer base very well. If you don't understand a business and watch economic conditions and don't understand the effect of interest rates on Capitol markets and demand for equities you deserve to lose your hard earned cash. If you are already invested in a business like TRST then hold for much better times. You will be well rewarded. The high interest rate phase may be here for some time as the governments answer to every problem is pump borrowed money at it. One thing is always true. Good management teams with a sound business background always eventually deliver.

[johnkidd1] 17/9/2022 09:30

Why is it that so many investors dont understand the first principles of investing or what the stock market is for.It is there to provide companies with the long term Capitol needed to fund a growing business.. Short term traders are short sighted individuals trying to make a fast buck. Good luck to them but you don't want too many of them on your share register, or your ability to raise needed cash to expand is non existant. Sensible investment involves backing the management team for at least 3 years with yearly checks on progress and value added to the business.

[trader4ever] 08/9/2022 09:57

This company is finished, It will be completely destroyed if current management is not changed

[trader4ever] 07/9/2022 11:33

may be some big investor is completely disappointed in this management hence selling big stake.

[trader4ever] 07/9/2022 09:45

Dest now make any sense, there are more buys everyday than Sells.

[sahina123] 07/9/2022 09:26

Why this share going down everyday

[trader4ever] 02/9/2022 13:33

Incompetent management of this company should immediately resign, check out the share price performance for the last one year.

[trader4ever] 31/8/2022 12:09

Very surprised that we don't see much interest in this share, no active forums to discuss and chat about Trust Pilot

[km18] 14/7/2022 13:42

Trustpilot (TRST) issued a H1 2022 trading update this morning. First-half revenue increased to $73m, up c.25% year-over-year (YoY) at constant currency. FY22 revenue growth is expected to be in line with expectations with adjusted EBITDA set to reach breakeven in FY24. So the top line is still growing robustly, but there will be no profit anytime soon. Meanwhile valuation is still expensive with PS ratio at over 3.5x. Share price is extending its correction since listing following today’s release. TRST has growth potential but is a share to monitor for now....

...from WealthOracleAM

[typo56] 17/6/2022 14:12

I think TRST is demoted from the FTSE 250 tonight therefore expect to see some volatility today and chunky volume in the closing auction. 8-10m shares perhaps.

[bathcoup] 15/6/2022 08:37

In view of a 70% decline since its IPO (floated at 265P in March 2021, closed on 14 Jun 2022 at 79.1p), Trustpilot should be renamed "Trustpileup".

[blackhorse23] 13/6/2022 04:47

IGR on the move , revenue up by 20% to 963 million, 2021 , expecting revenue 2022, 1100 millions, Broker share price prediction 500p , shifting to IGR