Moving on to our second quarter 2022 performance, we delivered a 28% year-over-year revenue growth with solid performance in gas, grocery, and travel and entertainment.

Aug 2, 2022 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2022-08-02 | transcript e153fb51-a0fa-4637-9a80-3e3ab0e9661c | chars 4110-4278 | segment 3

We saw 39% growth year-over-year in travel and entertainment in the beginning of Q2, but it slowed to 6% by the end of the quarter.

Aug 2, 2022 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2022-08-02 | transcript e153fb51-a0fa-4637-9a80-3e3ab0e9661c | chars 6425-6556 | segment 5

Travel and entertainment had a great quarter and was up nearly 150% over Q1 2021. We saw consumers transact frequently for concerts, cruises, and travel, and leading to a 54% increase in overall consumer spending in this sector.

May 2, 2022 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2022-05-02 | transcript 5b65301e-9639-458d-a763-287ca199f96f | chars 4059-4287 | segment 3

Our ad budgets from travel and entertainment are still down almost 45% compared to 2019, but we continue to see positive signs.

Mar 1, 2022 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2022-03-01 | transcript 5e56bae6-fa8d-4b3f-9ef2-3ca026299e70 | chars 5500-5627 | segment 4

The core business continues to gain traction with our clients, and we achieved wins in all of our major verticals, including six new logos within travel and entertainment.

Nov 2, 2021 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2021-11-02 | transcript 8b707ea3-c540-468c-af88-9255ed95f320 | chars 3609-3780 | segment 2

This was driven by us forecasting a faster recovery than we realized in travel, retail, and restaurants.

Aug 3, 2021 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2021-08-03 | transcript fe59ad83-287c-4593-93ab-e019342b5b08 | chars 2453-2557 | segment 2

Additionally, as you can see from the new supplemental information, travel and entertainment advertising spend are still down about 75% from Q2 2019, and the UK is still down about 23% from Q2 2019.

Aug 3, 2021 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2021-08-03 | transcript fe59ad83-287c-4593-93ab-e019342b5b08 | chars 4012-4210 | segment 4

However, US travel and our UK business continue to be significantly impacted by the pandemic and related lockdown.

May 4, 2021 / CEO / receipt, needs a key / Lynn Lobey, CEO | earnings call 2021-05-04 | transcript 3d350090-f2ee-445f-91d8-ff8c1663b708 | chars 3184-3298 | segment 3