Trustpilot Share Discussion Threads

[bigbigdave] 09/5/2024 16:19

Looks like a breakout to me.

[whittler100] 02/5/2024 15:14

Bit of a delayed reaction to the positive JPM note of 26/4 possibly.

[bigbigdave] 15/4/2024 15:39

Chart may be turning up here, fingers crossed.

[msarwar014] 27/3/2024 11:51

Heading back to 200

[bigbigdave] 26/3/2024 16:04

That's better!

[fruitninja84] 25/3/2024 15:27

People that bought in here post results must be livid ?????

[maximus57] 22/3/2024 11:00

Trustpilot Group plcResults for the year ended 31 December 2023TrustpilotTrustpilot Group plc19th March 2024RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 ("FY23")Profitability accelerated, delivering adj. EBITDA ahead of expectations at $16 millionRapid growth in consumer and business adoption driving ARR +22% to $197 millionFinancial Highlights - sustained positive momentumRevenue +18% year on year ("YoY") to $176 million (FY22: $149 million), (+17% at constantcurrency ("cc")Annual recurring revenue (ARR') +22% YoY to $197 million (FY22: $162 million), (+18% cc)Bookings" +18% YoY to $195 million (FY22: $165 million), (+16% cc), +22% YoY in Europe & Restof World (RoW), +17% in the UK, and +12% in North AmericaFocus on efficient growth helped deliver strong operating leverage in the year, with adj. EBITDA* of$16 million (FY22: $4 million loss) and a reported profit after tax of $7 million (FY22: $15 million loss)Last twelve months ("LTM") net dollar retention rate* was resilient at 99% (FY22: 100%)$14 million positive adj. free cash flow n the year (FY22: $13 million outflow), resulting in a closingnet cash position of $91 million (FY22: $73 million)Commenced share buyback programme of c.$25 million (£20 million) in January 2024

[maximus57] 22/3/2024 10:23

Launched as an IPO in March 2021, at 265pds per share. Have undergone a massive share repurchase of late, and continue to do so. Now, it is a lot stronger financially and established than at the start. To me, this looks very much underpriced.

[wilmdav] 21/3/2024 12:21

Agreed - reinforced by recent price targets of 260(200) and 250 (190) from Berenberg and JP Morgan respectively, flagged up by BBD above.

[maximus57] 21/3/2024 10:20

The watch word that I take from this is . "Strong Investment Demand" There's definitely a strong case to be made here, going forward

[bigbigdave] 20/3/2024 08:18

Further to the announcement on 19 March 2024 in relation to a proposed placing of ordinary shares in Trustpilot Group PLC ("Trustpilot" or the "Company"), Trafalgar Acquisition S.à. r.l., an entity owned by funds managed by Vitruvian Partners LLP ("Vitruvian" or the "Seller"), has sold 15,500,000 ordinary shares in the Company (the "Placing Shares") at a price of 200 pence per share (the "Placing"). Due to strong investor demand, the Seller agreed with Berenberg to increase the size of the Placing to 15,500,000 shares from the approximately 12,500,000 originally proposed

[bigbigdave] 19/3/2024 17:46

19 March 2024

Proposed secondary placing in Trustpilot Group PLC

Trafalgar Acquisition S.à. r.l., an entity owned by funds managed by Vitruvian Partners LLP ("Vitruvian" or the "Seller"), has indicated its intention to sell up to approximately 12.5 million existing ordinary shares in Trustpilot Group plc ("Trustpilot" or the "Company") (the "Placing Shares") through a placing to eligible institutional investors by means of an accelerated bookbuild (the "Placing").



Joh. Berenberg, Gossler & Co. KG ("Berenberg") is acting as sole bookrunner and placing agent in relation to the Placing.

The price per Placing Share will be determined through an accelerated bookbuild process. The bookbuild process will commence with immediate effect following this announcement and may close at any time on short notice. A further announcement will be made following the completion of the bookbuild and pricing of the Placing. The Company is not a party to the Placing and will not receive any proceeds from the Placing.



The ordinary shares in the Company held by the Seller following completion of the Placing will be subject to a 45 calendar day lock-up which is subject to certain exceptions and may otherwise only be waived with the consent of the Bookrunner.

[wilmdav] 19/3/2024 08:13

Market seems to be waking up. Surprisingly quiet on here though.

[bigbigdave] 19/3/2024 07:35

Results decent enough
BERENBERG RAISES TRUSTPILOT PRICE TARGET TO 260 (200) PENCE - 'BUY'

[bigbigdave] 14/3/2024 10:27

FY23 preliminary results & management presentation next Tuesday March 19th.

[...]

[wilmdav] 05/3/2024 10:24

Thanks, BBD

[bigbigdave] 05/3/2024 06:53

JPMORGAN RAISES TRUSTPILOT PRICE TARGET TO 250 (190) PENCE - 'OVERWEIGHT'

[mike24] 22/2/2024 09:20

big insurance co's using trustpilot on tv ad's
SMART & LV
dyor

[mike24] 08/2/2024 11:33

consolidating around 190 mark, T/P well known logo
been in a few recent newspaper adverts,
on tv shown on adverts as CINCH a real boost,

if libel action can be
taken against an internet poster simply " writing lines of a song" which in turn
creates a bigger pressure to post accurate info on services/goods etc
dyor

[hpcg] 02/2/2024 16:17

Indeed, I was going to express some concern about tech buoyancy post Meta earnings and that looks like coming to pass.

[disc0dave46] 02/2/2024 12:32

Didn't take long to bounce back!

[disc0dave46] 01/2/2024 18:34

Yep, Valentine's Day massacre or not?.Thanks for reminder though as forgot to check.

[hpcg] 01/2/2024 17:08

The gap on the chart makes sense, but also a gap in time, specifically to the next inflation data drop from the ONS on 14th Feb.

[disc0dave46] 01/2/2024 16:56

Markets seemed to tank just before 4pm so doubt it's due to the BoE announcement at midday. No surprise either but retail and property seemed to be down mostly.Still watching, gap at about 146 and SMA50 147 so will see if heading that way. What entry you looking at?

[hpcg] 01/2/2024 14:39

I'm out for now. It seems like the BoE statements today were a surprise to some people. I'll monitor to re-enter.