Page 1

RNS Number : 7862L Trustpilot Group PLC 15 September 2021 Trustpilot Group plc 15th September 2021 RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 ( " H1 FY21 " ) Re - acceleration in bookings growth continues with a strong performance across all regions ; LTM Net Dollar Retention Rate improved to 97 per cent ; total cumulative reviews +44 per cent and active domains +42 per cent YoY Financial Highlights Revenue grew by 31 per cent to USD 62 million in H1 FY21 , an increase of 22 per cent at constanturrency Bookings growth , which provides visibility of future revenues , continued to re - accelerate increasing to 28 per cent at constant currency in H1 FY21 ( H1 FY20 : 16 per cent ) , driven by a strong performance in all geographic regions LTM Net Dollar Retention Rate * rose to 97 per cent , ( H1 FY20 : 91 per cent ) , up from 91 per cent foFY20 The Group reported a loss for the period of USD 17.2 million in the first half ( H1 FY20 : USD 5.8million ) , with adjusted EBITDA ** of USD +3.8 million ( H1 FY20 : USD +1.6 million ) Strategic Highlights Number of reviewed domains * rose 41 per cent to 626 thousand ( H1 FY20 : 445 thousand ) , withmumber of active domains * up 42 per cent to 73 thousand ( H1 FY20 : 51 thousand ) The cumulative number of reviews * on the Trustpilot platform rose by 44 per cent to 144 million ( HFY20 : 100 million ) ● Current Trading and Outlook We previously provided guidance for high - teens constant currency revenue growth in the currentyear . On the back of stronger H1 FY21 performance , we now expect to achieve a rate of constant currency revenue growth for the full year consistent with H1 FY21 . Financial summary USD 000's Bookings * LTM Net Dollar Retention Rate * ARR * Revenue EBITDA ** Adjusted EBITDA ** Loss for the period Adjusted profit ** EPS ( cents ) Adjusted EPS ( cents ) ** Enquiries Trustpilot Group plc Derek Brown , Head of Investor Relations Tel : +44 20 4534 5222 H1 FY21 H1 FY20 Tulchan Communications James Macey White Matt Low 75,478 97 134,172 Jordan McCulla Tel : +44 20 7353 4200 62,448 ( 11,576 ) 3,769 ( 17,177 ) ( 3,700 ) ( 4.353 ) ( 0.938 ) 55,007 91 98,618 * Key performance indicator ( KPI ) - further detail available on page 12 ** Alternative performance measures ( APM ) - further detail available in note 3 47,680 ( 2,577 ) 1,610 ( 5,826 ) ( 2,077 ) ( 1.585 ) ( 0.565 ) ( +/- ) % constant actual currency ** 37 7 36 ( +/- ) % 31 349 134 195 78 175 66 28 Peter Holten Mühlmann , Founder and Chief Executive Officer , commented : " This excellent result is a testament to the hard work of all our employees , as well as the strength of ouproposition and brand among consumers and businesses . I believe it also demonstrates that our strategy to provide the ' trust layer ' for the open commerce ecosystem is working , by giving consumers confidence in their online and offline purchasing decisions , and through providing businesses with an opportunity to buildrust , a key factor for their success . " 27 Page 1 of 26 22 321 121 202 114 181 100 Results webcast and conference call Trustpilot will host a webcast and conference call for analysts and investors at 09:00 ( BST ) today .