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Liberty Expedia Holdings, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 3, 2019. Its latest SEC filing is a 15-12B from Aug 5, 2019.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Connects travelers with lodging, flights and other travel services, and offers advertising to travel providers; also retails dietary supplements and health products to consumers.

How Did They Make Money?

Travelers generally pay Expedia for merchant hotel reservations when they book, with Expedia’s share earned after the stay; flight fees are earned when booked. Expedia also earns supplier commissions and advertising fees, while Bodybuilding earns from product sales and fitness-plan subscriptions.

FY2018 revenue

Who Were Their Customers?

Travelers book through Expedia’s websites, apps, call centers and partner channels; travel suppliers use Expedia’s distribution and advertising services, and other businesses can reach travelers through Expedia Partner Solutions. Bodybuilding sells nutrition and wellness products to online shoppers.

Did Revenues Turn Into Profits?

No. It lost $128M in FY2018.

Operating income, FY2018
−6% of revenue
▼ −77% (Loss) vs FY2017 (−$3B, −29%)
Net income, FY2018
−1% of revenue
▼ −33% (Loss) vs FY2017 (−$192M, −2%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2019, the three months to Mar 31, 2019
Revenue
▲ +3%
vs $2.6B in Q1 FY2018
Net income
▲ +45% (Loss)
vs −$44M in Q1 FY2018
  • Jul 26, 2019 Expedia Group completed its all-stock acquisition of Liberty Expedia Liberty Expedia shares stopped trading on Nasdaq, and Bodybuilding.com became wholly owned by Expedia Group.

Grew. Revenue grew 25.2x in 4 years, from $455M in FY2014 to $11.4B in FY2018, about 124% a year.

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