Travel Republic
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 77.1m | 68.2m | 88.6m | 336m | 21.4m | 28.7m | 174m |
% growth | (2 %) | (11 %) | 30 % | 279 % | (94 %) | 34 % | 509 % |
EBITDA | 5.3m | (3.0m) | (19.2m) | (17.9m) | (14.7m) | (14.9m) | (9.8m) |
% EBITDA margin | 7 % | (4 %) | (22 %) | (5 %) | (69 %) | (52 %) | (6 %) |
Profit | 12.9m | 2.0m | (4.8m) | (9.8m) | (24.7m) | (23.9m) | (16.8m) |
% profit margin | 17 % | 3 % | (5 %) | (3 %) | (115 %) | (83 %) | (10 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Growth Equity VC | |
€72.0m Valuation: €72.0m 1.5x EV/LTM Revenues 6.4x EV/LTM EBITDA | Acquisition | ||
Total Funding | - |
Related Content
Recent News about Travel Republic
EditTravel Republic, part of The Emirates Group, is a leading online travel agency specializing in affordable holidays, flights, and hotel bookings. Established in 2003, the company serves a diverse range of clients looking for budget-friendly travel options across the globe. Operating primarily in the online travel market, Travel Republic offers a user-friendly platform where customers can book holidays with confidence, thanks to complete financial protection and ABTA and ATOL certifications. The business model revolves around providing low-cost travel solutions by leveraging bulk purchasing and strategic partnerships with airlines, hotels, and other travel service providers. Revenue is generated through commissions on bookings and service fees. Travel Republic also offers flexible payment plans, allowing customers to pay in monthly instalments, making travel more accessible. The company ensures 24/7 in-resort support to address any issues that may arise during the trip, enhancing customer satisfaction and loyalty.
Keywords: online travel agency, affordable holidays, flexible payments, global destinations, financial protection, ABTA, ATOL, 24/7 support, budget travel, Emirates Group.