We will continue to leverage Travel Zoo's global reach, trusted brand, and our strong relationships with top travel suppliers to negotiate more club offers for club members.

Apr 23, 2026 / receipt, needs a key / Holger Bartel, CEO | earnings call 2026-04-23 | transcript eb2285ff-bb5b-48b5-9dee-5dbebd277716 | chars 6658-6831 | segment 7

In the case of Q2, that effect was a reduction of 13 cents. On slide eight, you can see that revenue growth came from all segments. With favorable ROI on member acquisition in the UK, we invested heavily there. Jack's Flight Club revenue increased by 33%. Operating profit decreased in both our North America and Europe segments, but increased slightly in our Jaxx Flight Club segment.

Jul 23, 2025 / receipt, needs a key / Jeff Hoffman, CFO | earnings call 2025-07-23 | transcript 12c829c6-addf-4d2d-9d2b-cd80302d0035 | chars 3667-4052 | segment 3

Still, given the currently favorable ROI, we will continue to further grow the number of club members to bring TravelSuit into high growth mode.

Jul 23, 2025 / receipt, needs a key / Jeff Hoffman, CFO | earnings call 2025-07-23 | transcript 12c829c6-addf-4d2d-9d2b-cd80302d0035 | chars 4557-4701 | segment 4

We will continue to leverage Travel Zoo's global reach, trusted brand, and our strong relationships with top travel suppliers to negotiate more club offers for club members.

Jul 23, 2025 / receipt, needs a key / Jeff Hoffman, CFO | earnings call 2025-07-23 | transcript 12c829c6-addf-4d2d-9d2b-cd80302d0035 | chars 6197-6370 | segment 6

Yeah, congratulations on the subscriber growth. My question is, what are you seeing out in the travel industry, in the US as well as in Europe, in terms of, you said it was a little bit soft. Have you noticed any, is it getting worse? Is it stabilized? Thank you. Hi, Ed. There's not much difference right now between North America and Europe. As you have seen, prices for flights are coming down. It's not like the airlines are flying empty, hotel prices are coming down, that all indicates a bit lower demand and this allows us to develop these strong offers. I mean, you saw some of these club offers, they provide excellent value and that's what we do by taking advantage of how the travel industry is evolving.

Jul 23, 2025 / receipt, needs a key / Ed Wu, analyst | earnings call 2025-07-23 | transcript 12c829c6-addf-4d2d-9d2b-cd80302d0035 | chars 19266-19981 | segment 18

Yeah, thanks for taking my question. My question is just like there's less demand for people to come into the US. Are you seeing the same dynamics for people in the US to travel Is there less demand for that as well?

Apr 29, 2025 / receipt, needs a key / Ed Wu, other | earnings call 2025-04-29 | transcript 05609506-082b-42d5-be4f-da4a88a519c6 | chars 14000-14216 | segment 14

We see the first, but not the second. So, yes, we see a bit hesitation in particularly Canadians. Canadians' interest in coming to the U.S. has decreased a lot, but we are not seeing it the other way around. So Americans still love to travel to Europe.

Apr 29, 2025 / receipt, needs a key / Holger Bartel, CEO | earnings call 2025-04-29 | transcript 05609506-082b-42d5-be4f-da4a88a519c6 | chars 14217-14469 | segment 14

We are the club of travel enthusiasts. slide 17 provides an overview of management's focus we are working to grow the mem grow the number of paying members and accelerate revenue growth by converting legacy members and by adding new club members add new benefits to the paid membership retain and grow our profitable advertising business from the popular top 20 product accelerate revenue growth which drives future profits in spite of temporary lower EPS, grow ChexFlightClub's profitable subscription revenue, and develop TravelZoom Meta with discipline.

Apr 29, 2025 / receipt, needs a key / Holger Bartel, CEO | earnings call 2025-04-29 | transcript 05609506-082b-42d5-be4f-da4a88a519c6 | chars 7248-7804 | segment 7

In Europe, I would say we see a little bit more hesitation on consumer side. But, you know, as I always say, that's good for us because if all hotels in London were full, they certainly wouldn't offer a $99 room night at the centrally located four-star hotel. for our highly valued Travel Zoo members.

Feb 25, 2025 / receipt, needs a key / Holger Bartel, CEO | earnings call 2025-02-25 | transcript 587f6a79-0499-4c98-a0e9-bcf460659dd6 | chars 12084-12385 | segment 12

Jack's Flight Club in 2024 expanded the team and increased marketing spend. We increased premium members. We also grew revenue 19% year over year. We continue to generate operating profits. We are well positioned for 2025 to continue this growth trajectory with a focus on further penetration of both the Canadian and U.S. markets.

Feb 25, 2025 / receipt, needs a key / Christina Chalka, CEO of Jack's Flight Club | earnings call 2025-02-25 | transcript 587f6a79-0499-4c98-a0e9-bcf460659dd6 | chars 7387-7718 | segment 7

We will continue to leverage Travelzoo's global reach, trusted brand, and our strong relationships with top travel suppliers to negotiate more club offers for our members.

Oct 23, 2024 / receipt, needs a key / Holger Bartel, CEO | earnings call 2024-10-23 | transcript b52af672-28e5-41d2-97b9-1cac1b7fc155 | chars 5357-5528 | segment 5

So, Steve, on the member benefits, we have four in the works right now. And you and our members, if you are also a member, will hear about them in the next few weeks. They mostly have to do with traveling better because we want, if you are a travel member and you travel a lot because you are traveling to Louisiana, we would like you to Just have a better travel experience.

Oct 23, 2024 / receipt, needs a key / Holger Bartel, CEO | earnings call 2024-10-23 | transcript b52af672-28e5-41d2-97b9-1cac1b7fc155 | chars 12803-13178 | segment 13

As the number of membership renewals-which do not have acquisition expenses-grows, operating margins are expected to become very attractive over time.*

ir_statement / Sep 16, 2026 / receipt

We decided to accelerate the shift towards recurring membership revenues by more quickly growing (paying) Club Members.

ir_statement / Sep 16, 2026 / receipt

Even though we invested more in the growth of Club Members, operating profit remained stable.

ir_statement / Aug 31, 2026 / receipt

* Includes direct marketing expenses over which we have full discretion-and which we fully record in the quarter.

ir_statement / Aug 31, 2026 / receipt

But we expect EPS to increase over time.

ir_statement / Aug 31, 2026 / receipt

Higher member acquisition expenses, coupled with only a small portion of revenue recognized in the quarter, reduces EPS in the current quarter.

ir_statement / Aug 31, 2026 / receipt