Edreams Odigeo SA (XMAD:EDR)

€ 8.44 +0.090 (+1.08%) Market Cap: 962.00 Mil Enterprise Value: 1.26 Bil PE Ratio: 23.44 PB Ratio: 3.90 GF Score: 78/100

Q3 2025 eDreams ODIGEO SA Earnings Call Transcript

Feb 20, 2025 / 12:00 PM GMT

Release Date Price: €8.32 (-4.37%)

Transcript

Key Points

Positve

Edreams Odigeo SA (EDDRF) reported a significant increase in cash marginal profit margin for Prime, reaching 46%, up 8% points over the previous year.
The company added 305,000 Prime subscribers in Q3 FY25, bringing the total to over 7 million members, on track to meet the FY25 target of 7.25 million.
Cash EBITDA for the nine months of FY25 grew by 40% year on year, with a 70% increase compared to the same quarter of the previous year.
Free cash flow, excluding non-prime working capital, grew by 91% year on year, reaching €69 million in the nine months of FY25.
The Prime model continues to drive strong growth, with Prime members growing 26% year on year, and Prime cash revenue margin increasing by 19%.

Negative

The non-prime side of the business experienced a decline, with a 17% decrease in revenue margin compared to the nine months of FY24.
Variable costs decreased by 5% despite higher revenue margin, indicating potential inefficiencies in cost management.
Fixed costs increased by €7.4 million, driven by higher personnel and IT costs, which could impact profitability if not managed.
The company anticipates a need for a significant increase in cash marginal profit margin to meet the FY25 cash EBITDA target, which may be challenging.
There is uncertainty regarding the return on investment from recent market expansions, as it is too early to assess the results.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EDRE.MC - Edreams Odigeo SA
Q3 2025 eDreams ODIGEO SA Earnings Call
Feb 20, 2025 / 12:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, everyone, and thank you all for joining us today for our Q3 fiscal year 2025 results presentation for the nine months ending 31st of December 2024.

And David de la Roth, the director of investor relations at the Dream So.

As always, today's presentation is shorter than usual because of quarterly results, we only do a limited financial review and you can find the resources materials, including the presentation and our resources report in the investor relation section of our website.

I will now pass you over to Danaam, our CEO who will take you through the first part of the presentation.

--------------------------------------------------------------------------------
Unidentified_2 [2]

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.