Updates

Hostelworld

October 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The rally in Hostelworld shares reflects hopes that the end of the Covid-19 disruption is in sight and the belief that the group has the resources to make it through. Interims showed net booking volumes decline 73% to 0.3m with net revenue down 76% to €2.9m versus FY’19. Adjusted EBITDA loss was €9.7m (FY’20: €8.3m). More encouragingly, the number of hostels listed on its platform remains fairly intact as closures are quickly replaced by new signings while customer demand is returning in territories where covid restrictions have been eased including the US during Q1 and Q2 and several Southern European markets in Q2.With closing cash €33.7m, after drawing down a new €30m loan secured l ...

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Moonpig

UP Global Sourcing - Gain to date: 76%

Hostelworld - Bank debt, which peaked at €21.2m, now paid off (December 2024)

Hostelworld - Net debt drops to €2.6m (October 2024)

Hostelworld - Results beat even upgraded guidance (May 2024)

Hostelworld - Results beat forecasts, debt down (March 2024)

Hostelworld - Blow-out 43% bookings growth drives upgrades (December 2023)

Hostelworld - New social platform drives 50% forecast upgrade (October 2023)

Hostelworld (October 2022)

Hostelworld (May 2021)

Hostelworld (March 2021)

Hostelworld (October 2020)

Hostelworld (August 2020)

Hostelworld (May 2020)

Hostelworld (April 2020)

Hostelworld (October 2019)

Hostelworld (June 2019)

Hostelword (November 2018)

Hostelworld (July 2018)

Hostelworld (March 2018)

Hostelworld - 10% rise in bookings (October 2017)

Hostelworld - Largest online provider of hostel accommodation enjoying rapid growth (June 2017)

Hostelworld - Online disruptor for hostels enjoying strong margin growth (May 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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