2022 Q4 Form 20-F Financial Statement

#000168382523000012 Filed on March 03, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $104.9M €535.0M $89.13M
YoY Change 17.69% 48.01% 175.93%
Cost Of Revenue $3.492M €12.69M $2.817M
YoY Change 23.96% 10.36% 40.85%
Gross Profit $101.4M €522.3M $86.31M
YoY Change 17.48% 49.25% 184.85%
Gross Profit Margin 96.67% 97.63% 96.84%
Selling, General & Admin $71.18M €402.9M $59.78M
YoY Change 19.08% 40.38% 129.9%
% of Gross Profit 70.2% 77.13% 69.26%
Research & Development $11.61M €54.92M $12.15M
YoY Change -4.46% 14.88% -3.59%
% of Gross Profit 11.45% 10.51% 14.08%
Depreciation & Amortization $1.247M €5.996M $1.881M
YoY Change -33.71% -28.18% -14.5%
% of Gross Profit 1.23% 1.15% 2.18%
Operating Expenses $83.64M €457.8M $73.13M
YoY Change 14.37% 34.68% 84.2%
Operating Profit $17.76M -€120.3M $13.18M
YoY Change 34.72% -1296.52% -240.23%
Interest Expense -$5.000K €51.00K -$81.00K
YoY Change -93.83% -113.11% -19.0%
% of Operating Profit -0.03% -0.61%
Other Income/Expense, Net -$833.0K €15.00K $12.64M
YoY Change -106.59% -99.89% 1480.38%
Pretax Income $16.92M -€119.3M $25.74M
YoY Change -34.27% -612.12% -395.91%
Income Tax $6.412M €6.570M $10.54M
% Of Pretax Income 37.89% 40.94%
Net Earnings $10.42M -€127.2M $15.21M
YoY Change -31.46% -1288.51% -276.8%
Net Earnings / Revenue 9.94% -23.78% 17.06%
Basic Earnings Per Share -$0.36
Diluted Earnings Per Share $0.03 -$0.36 $38.26K
COMMON SHARES
Basic Shares Outstanding 357.6M shares
Diluted Shares Outstanding 357.6M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $293.6M $293.6M $256.4M
YoY Change 14.51% 14.51% 12.55%
Cash & Equivalents €248.9M $248.6M $256.4M
Short-Term Investments $45.00M $45.00M $0.00
Other Short-Term Assets €350.0K $9.011M $10.27M
YoY Change -96.59% -12.28% -2.16%
Inventory
Prepaid Expenses
Receivables €25.68M $50.11M $40.21M
Other Receivables $498.0K $498.0K $3.527M
Total Short-Term Assets €353.2M $353.2M $310.4M
YoY Change 13.79% 13.79% 19.01%
LONG-TERM ASSETS
Property, Plant & Equipment €13.08M $58.10M $64.23M
YoY Change -79.64% -9.54% -43.41%
Goodwill €181.9M €286.5M
YoY Change -36.51% 1.37%
Intangibles €89.95M €170.1M
YoY Change -47.12%
Long-Term Investments
YoY Change
Other Assets €8.409M $8.409M $3.276M
YoY Change 156.68% 156.68% -25.55%
Total Long-Term Assets €338.4M $338.4M $524.1M
YoY Change -35.44% -35.44% -8.06%
TOTAL ASSETS
Total Short-Term Assets €353.2M $353.2M $310.4M
Total Long-Term Assets €338.4M $338.4M $524.1M
Total Assets €691.6M $691.6M $834.5M
YoY Change -17.13% -17.13% 0.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable €19.94M $19.94M $14.05M
YoY Change 41.9% 41.9% 106.66%
Accrued Expenses €8.675M $15.67M $21.88M
YoY Change -60.35% -28.4% -12.82%
Deferred Revenue €1.700M €2.200M
YoY Change -22.73% -21.43%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities €49.62M $49.62M $42.47M
YoY Change 16.85% 16.85% 22.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities €9.455M $50.18M $48.46M
YoY Change -80.49% 3.56% -45.86%
Total Long-Term Liabilities €9.455M $50.18M $48.46M
YoY Change -80.49% 3.56% -45.86%
TOTAL LIABILITIES
Total Short-Term Liabilities €49.62M $49.62M $42.47M
Total Long-Term Liabilities €9.455M $50.18M $48.46M
Total Liabilities €59.08M $129.9M $140.7M
YoY Change -58.02% -7.73% -15.42%
SHAREHOLDERS EQUITY
Retained Earnings -€554.6M -€427.4M
YoY Change 29.77%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity €561.7M $561.7M $693.8M
YoY Change
Total Liabilities & Shareholders Equity €691.6M $691.6M $834.5M
YoY Change -17.13% -17.13% 0.44%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $10.42M -€127.2M $15.21M
YoY Change -31.46% -1288.51% -276.8%
Depreciation, Depletion And Amortization $1.247M €5.996M $1.881M
YoY Change -33.71% -28.18% -14.5%
Cash From Operating Activities $34.02M €66.27M $62.04M
YoY Change -45.17% 103.68% 706.71%
INVESTING ACTIVITIES
Capital Expenditures $644.0K $3.976M -$880.0K
YoY Change -173.18% -205.16% 1.15%
Acquisitions €0.00
YoY Change -100.0%
Other Investing Activities $5.004M -$50.93M $4.000K
YoY Change 125000.0% -469.11% -100.14%
Cash From Investing Activities $4.360M -€54.91M -$876.0K
YoY Change -597.72% -648.11% -75.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net €19.63M $19.00K
YoY Change 1445.43% -36.67%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.31M -€19.62M -24.00K
YoY Change 80370.83% -1963.34% -40.0%
NET CHANGE
Cash From Operating Activities 34.02M €66.27M 62.04M
Cash From Investing Activities 4.360M -€54.91M -876.0K
Cash From Financing Activities -19.31M -€19.62M -24.00K
Net Change In Cash 19.06M -€7.793M 61.14M
YoY Change -68.82% -117.87% 1420.8%
FREE CASH FLOW
Cash From Operating Activities $34.02M €66.27M $62.04M
Capital Expenditures $644.0K $3.976M -$880.0K
Free Cash Flow $33.37M €62.29M $62.92M
YoY Change -46.96% 71.52% 635.0%

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17261000 eur
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15342000 eur
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CY2021 us-gaap Share Based Compensation
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Payments For Environmental Liabilities
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5000 eur
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137000 eur
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1307000 eur
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CY2021 us-gaap Gain Loss On Sale Of Business
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CY2020 us-gaap Gain Loss On Sale Of Business
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8568000 eur
CY2020 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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242000 eur
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32536000 eur
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CY2020 trvg Prepayment Of Pending Business Acquisition
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CY2022 us-gaap Payments To Acquire Equity Method Investments
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114000 eur
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 trvg Repayments Of Other Noncurrent Liabilities
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CY2020 trvg Repayments Of Other Noncurrent Liabilities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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45948000 eur
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256719000 eur
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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210771000 eur
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220543000 eur
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248926000 eur
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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256719000 eur
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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210771000 eur
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217000 eur
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248000 eur
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CY2021 us-gaap Income Taxes Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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3000 eur
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5000 eur
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<div style="margin-bottom:3pt;margin-top:3pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accounting estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use estimates and assumptions in the preparation of our consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). Preparation of the consolidated financial statements and accompanying notes requires that we make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements, as well as revenue and expenses during the periods reported. Our actual financial results could differ significantly from these estimates. The significant estimates underlying our consolidated financial statements include: leases, recoverability of goodwill and indefinite-lived intangible assets, income taxes, and share-based compensation.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business disruptions and adversely impact our results of operations. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, our estimates may change materially in future periods.</span></div>
CY2020Q4 us-gaap Contract With Customer Liability Current
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2800000 eur
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2200000 eur
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2100000 eur
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1700000 eur
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0 eur
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Cash
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CY2021Q4 us-gaap Cash
Cash
256400000 eur
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300000 eur
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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0 eur
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300000 eur
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248900000 eur
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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256700000 eur
CY2022 us-gaap Number Of Reporting Units
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CY2022 us-gaap Number Of Reporting Units
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3 reporting_unit
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3 segment
CY2022 us-gaap Number Of Reporting Units
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3 reporting_unit
CY2022Q4 trvg Reserves Restricted For Dividend Distribution
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155200000 eur
CY2021Q4 trvg Reserves Restricted For Dividend Distribution
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169300000 eur
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:3pt;margin-top:3pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Certain risks and concentration of credit risk</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our business is subject to certain risks and concentrations including dependence on relationships with our advertisers, dependence on third-party technology providers, and exposure to risks associated with online commerce security. Our concentration of credit risk relates to depositors holding our cash and customers with significant accounts receivable balances.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our customer base includes primarily OTAs, hotel chains and independent hotels. We perform ongoing credit evaluations of our customers and maintain allowances for potential credit losses. We generally do not require collateral or other security from our customers. Expedia Group, our controlling shareholder, and its affiliates represent 32%, 25% and 27%, respectively, of revenues for the years ended December 31, 2022, 2021 and 2020 and 49% and 41% of total accounts receivable as of December 31, 2022 and 2021. Booking Holdings and its affiliates represent 49%, 54% and 44%, respectively, of revenues for the years ended December 31, 2022, 2021 and 2020 and 30% and 31%, respectively, of total accounts receivable as of December 31, 2022 and 2021.</span></div>
CY2021Q1 us-gaap Goodwill
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3800000 eur
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500000 eur
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104600000 eur
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80000000 eur
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CY2021Q4 us-gaap Prepaid Advertising
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350000 eur
CY2021Q4 us-gaap Other Assets Current
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227000 eur
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CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
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42175000 eur
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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37537000 eur
CY2022Q4 us-gaap Property Plant And Equipment Net
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13075000 eur
CY2021Q4 us-gaap Property Plant And Equipment Net
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15905000 eur
CY2021Q1 us-gaap Property Plant And Equipment Disposals
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7500000 eur
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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200000 eur
CY2022 trvg Lessee Option To Extend Operating Lease
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P10Y
CY2022 trvg Lessee Operating Lease Option To Terminate1
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P1Y
CY2022 us-gaap Operating Lease Cost
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4900000 eur
CY2021 us-gaap Operating Lease Cost
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5100000 eur
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
200000 eur
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
400000 eur
CY2022 us-gaap Sublease Income
SubleaseIncome
100000 eur
CY2021 us-gaap Sublease Income
SubleaseIncome
100000 eur
CY2020 us-gaap Sublease Income
SubleaseIncome
900000 eur
CY2021Q1 trvg Lease Modification Lease Incentive Asset
LeaseModificationLeaseIncentiveAsset
2600000 eur
CY2021Q1 trvg Gain Loss On Modification Of Lease
GainLossOnModificationOfLease
1200000 eur
CY2021Q1 trvg Expense For Settlement Of Lease Claims
ExpenseForSettlementOfLeaseClaims
500000 eur
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
34700000 eur
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36400000 eur
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3828000 eur
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
10468000 eur
CY2021Q1 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
7500000 eur
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
45028000 eur
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48323000 eur
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4538000 eur
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2269000 eur
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
40729000 eur
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
45267000 eur
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
45267000 eur
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
47536000 eur
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5979000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3646000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3630000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3560000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3560000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
37080000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
57455000 eur
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12188000 eur
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
45267000 eur
CY2022Q4 us-gaap Goodwill
Goodwill
181927000 eur
CY2021Q4 us-gaap Goodwill
Goodwill
286539000 eur
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
89545000 eur
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
169545000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
404000 eur
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
540000 eur
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
271876000 eur
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
456624000 eur
CY2022Q2 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
84200000 eur
CY2022Q3 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
100400000 eur
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
104600000 eur
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
80000000 eur
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 eur
CY2020Q4 us-gaap Goodwill
Goodwill
282664000 eur
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
37000 eur
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 eur
CY2021 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
3838000 eur
CY2021Q4 us-gaap Goodwill
Goodwill
286539000 eur
CY2021Q4 us-gaap Goodwill
Goodwill
286539000 eur
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
30000 eur
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
104642000 eur
CY2022Q4 us-gaap Goodwill
Goodwill
181927000 eur
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
312300000 eur
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
207600000 eur
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
80000000 eur
CY2021 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
105484000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
105080000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
404000 eur
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
105484000 eur
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
104944000 eur
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
540000 eur
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 eur
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
100000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
100000 eur
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
100000 eur
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
23827946 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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2.64
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P11Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
30237000 eur
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
9393407 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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0.20
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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1946023 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.06
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3917532 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.13
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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27357798 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.30
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P10Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
23179000 eur
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
15617002 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.57
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P13Y
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
11200000 eur
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3100000 eur
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10800000 eur
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2200000 eur
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
26104057 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
2.41
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P10Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
21672000 eur
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
15208472 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
3.66
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P13Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
10710000 eur
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0104
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
-0.0046
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
-0.0020
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.69
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.71
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.60
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y3M21D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y4M28D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y1M13D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1
CY2020Q4 trvg Share Based Payment Arrangement Plan Modification Awards Impacted
ShareBasedPaymentArrangementPlanModificationAwardsImpacted
3580049 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected
3 grantee
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1000000 eur
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2032743 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15300000 eur
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17300000 eur
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15100000 eur
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2022 us-gaap Proceeds From Stock Options Exercised
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118000 eur
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1270000 eur
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
87000 eur
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
18400000 eur
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
26239000 eur
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3729000 eur
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-362000 eur
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
65000 eur
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000 eur
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
117000 eur
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26304000 eur
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3730000 eur
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-245000 eur
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8914000 eur
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8165000 eur
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
29000 eur
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-58000 eur
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-19734000 eur
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8856000 eur
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6570000 eur
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12586000 eur
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8494000 eur
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-119273000 eur
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
23387000 eur
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-252859000 eur
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-97000 eur
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-120247000 eur
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
23290000 eur
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-253133000 eur
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.312
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.312
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.312
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-120247000 eur
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
23290000 eur
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-253133000 eur
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-37547000 eur
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7272000 eur
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-79041000 eur
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
175000 eur
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
17000 eur
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
40000 eur
CY2022 trvg Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate Expected Tax Expense Benefit
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRateExpectedTaxExpenseBenefit
-37372000 eur
CY2021 trvg Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate Expected Tax Expense Benefit
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRateExpectedTaxExpenseBenefit
7289000 eur
CY2020 trvg Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate Expected Tax Expense Benefit
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRateExpectedTaxExpenseBenefit
-79001000 eur
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
4791000 eur
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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