Trustpilot swings to profit as monthly users soar Tech Trustpilot has turned a profit of $7m (£6m) in its full financial year, swinging back from losses of $15m (£12.8m) in 2022.
Trustpilot shares surge after firm upgrades profit guidance launches share buyback Business Global review platform Trustpilot has launched a £20m share buy back programme.
Trustpilot: Founding chief executive to step down after 16 years at the top trustpilot change at the top Consumer review giant Trustpilot has announced its founder and CEO will step down and take on a brand ambassador role instead. Peter Holten Mühlmann, who created the Danish London-listed firm in 2007, will quit as chief executive and take on a new more symbolic role, of founder and non-executive director. Trustpilot said he will focus [...]
Shares soar for Trustpilot as revenue jumps in half year September 13, 2022 The operator said total revenues had climbed 25 per cent on a constant currency basis to $73.41m in the half-year results, leading to a 43 per cent reduction in underlying losses to $6.59m. The group reported a loss for the period of $9m, down from $17m the year before, with adjusted EBITDA loss of $5m, [...]
Trustpilot flies in former Just Eat exec who took it into FTSE 100 as its new CEO July 17, 2023 Trustpilot has appointed Adrian Blair as its new chief executive, replacing founder and CEO Peter Holten Mühlmann. Blair will join from Cera, the digital health company, where he was chief business officer. In this role he was responsible for engineering and data at the firm. Before Cera, Blair was chief executive at accounting automation platform [...]
Shares dip for Trustpilot despite booking surge March 22, 2022 Trustpilot saw bookings surge 27 per cent to $149.6m (£113.7m), driven by strength in Europe, the UK, and acceleration in North America
Trustpilot revenues jump after bookings boost January 12, 2022 Trustpilot has announced a jump in revenue this morning after an uptick in bookings.
From Ocado to Trustpilot and M&S to ITV: Value of dozens of FTSE giants down by a third since start of Ukraine war June 11, 2022 Nearly 50 companies in the FTSE 350 have seen their stock market values fall by at least a third since the start of the Ukraine crisis. The biggest fallers have been technology companies, new data shared exclusively with City A.M. shows today. Review website Trustpilot, which listed just over a year ago, has seen its [...]
Trustpilot revenues up almost a third as business accelerates post-pandemic July 12, 2021 Trustpilot Group reports jump in revenue in the first half of the year, as the consumer review website continues to experience a “re-acceleration” following the pandemic-related impact in 2020. The consumer review website saw its bookings surge by 37 per cent in the first half of 2021. The business, with a market capitalisation of £1.3bn, [...]
Reviews website Trustpilot set for London IPO March 1, 2021 Trustpilot is considering launching an initial public offering in London that would see at least a quarter of the company floated on the London Stock Exchange. The offer would comprise new shares raising proceeds of around $50m, the company announced on Monday. Trustpilot is targeting a premium listing on the London market and expects to [...]