Lijun Qi
On September 16, 2024, the Compensation Committee of the Board of Directors of the Company (the “Committee) approved the appointment of Lijun Qi, 54, as the Company’s Chief Accounting Officer.
Highest-materiality recent filing
Travelzoo Q2 revenue $23.2M (-3% YoY), operating loss $2.8M, EPS $(0.21)
Revenue $23.2M, down 3% YoY from $23.9M; constant-currency revenue $23.1M.
Travelzoo Q1 rev $24.3M (+5%), EPS $0.23; membership renewals at record
Revenue $24.3M, up 5% YoY; constant currency $23.6M (+2%).
CEO Holger Bartel granted option for 600,000 shares at $5.05; vests 25% semi-annually over 2 years, 5-year term.
Travelzoo Q4 2025 revenue $22.5M (+9% YoY); EPS $0.00, op profit $0.6M
Revenue $22.5M, up 9% YoY (up 7% in constant currency).
Travelzoo Q3 2025 EPS drops to $0.01 from $0.26 YoY; revenue up 10% to $22.2M
Revenue $22.2M (+10% YoY); constant currency revenue $21.9M (+9% YoY).
Travelzoo Q2 revenue $23.9M (+13% YoY); EPS $0.12 vs $0.23
Revenue $23.9M, up 13% year-over-year from $21.1M.
Travelzoo stockholders elect six directors and approve executive compensation at 2025 annual meeting
Stockholders elected Holger Bartel, Christina Sindoni Ciocca, Carrie Liqun Liu, Volodymyr Cherevko, Michael Karg, and Sharry Sun to the board.
Travelzoo Q1 revenue up 5% to $23.1M; EPS $0.25 vs $0.31 prior year
Revenue $23.1M (+5% YoY); constant-currency revenue $23.3M (+6%).
Travelzoo Q4 2024 revenue down 2% to $20.7M, operating profit up 8% to $4.9M
Revenue of $20.7M, down 2% YoY; constant-currency revenue $20.6M.
Travelzoo Q3 2024 revenue $20.1M (-2% YoY), EPS $0.26 vs $0.16
Revenue of $20.1M, down 2% year-over-year.
Travelzoo appoints Lijun Qi as Chief Accounting Officer
Lijun Qi, 54, CPA, appointed Chief Accounting Officer effective September 16, 2024.
Travelzoo Q2 2024 EPS $0.23, up from $0.17; revenue flat at $21.1M
Revenue $21.1M, consistent YoY; constant-currency revenue $21.2M.
Travelzoo stockholders approve CEO Holger Bartel's option to purchase 600,000 shares at $8.58
Option grant of 600,000 shares at $8.58 per share, approved by stockholders on April 26, 2024.
Travelzoo Q1 revenue $22.0M (+2% YoY); EPS $0.31 vs $0.23
Revenue $22.0M, up 2% from $21.6M; constant-currency revenue $21.8M, up 1%.
Travelzoo Q4 2023 revenue $21.1M, up 14% YoY; EPS $0.27 vs $0.20
Revenue $21.1M (+14% YoY); constant-currency revenue $20.8M (+12% YoY).
Travelzoo Q3 2023 revenue $20.6M (+30% YoY); EPS $0.16 vs $0.06
Revenue $20.6M (+30% YoY); constant-currency revenue $20.2M (+27% YoY).
Travelzoo restates 2022-2023 financials due to equity classification error
Audit Committee concludes Dec 2022 and Mar 2023 financials no longer reliable due to mezzanine vs permanent equity misclassification.
Travelzoo Q2 2023 revenue $21.1M (+19% YoY); EPS $0.17 vs $0.08
Revenue of $21.1 million, up 19% year-over-year; constant-currency revenue up 20%.
Travelzoo dismisses RSM, cites material weakness; appoints KPMG as new auditor
Dismissed RSM US LLP as independent auditor effective June 27, 2023, on Audit Committee recommendation.
Travelzoo stockholders approve option grant and elect directors at annual meeting
Stockholders approved 200,000-share option grant to GC Christina Sindoni Ciocca at $4.96/share.
Travelzoo Q1 revenue $21.6M (+17% YoY); EPS $0.23 vs $0.19
Revenue $21.6M, up 17% from $18.5M YoY; constant-currency revenue $22.1M (+19%).
Travelzoo CFO Wayne Lee's consulting agreement expires; Lijun Qi named principal accounting officer
Wayne Lee's consulting agreement as CFO expired March 31, 2023, after a six-month term extended by one month.
Travelzoo Q4 2022 revenue $18.6M (+36% YoY); EPS $0.20 vs ($0.27)
Revenue $18.6M, up 36% YoY from $13.7M; constant-currency revenue $19.4M (+42%).
Travelzoo appoints Christina Sindoni Ciocca as executive officer
Christina Sindoni Ciocca appointed executive officer; she serves as General Counsel, Head of Global Functions, and CEO of subsidiary Jack's Flight Club.
Travelzoo closes $15M stock sale to largest shareholder, triggering change of control
Issued 3.41M shares at $4.40/share to Azzurro Capital (Ralph Bartel trust) raising $15M; shareholder approval Dec 28, closed Dec 30, 2022.
Stockholders approved issuance of 3,410,000 shares to Azzurro Capital Inc. in exchange for $10M and all shares of Metaverse Travel Experiences (MTE).
Issues 3,410,000 shares to Azzurro Capital at $5.88/share in exchange for $10M (cash or note with $2M min cash) and all equity of MTE.
Travelzoo Q3 rev $15.8M (+1%), constant-currency +6%; GAAP op profit $273K
Revenue $15.8M, up 1% YoY; constant-currency revenue $16.7M, up 6% YoY.
Travelzoo CAO resigns; appoints Wayne Lee as CFO effective Aug 29, 2022
Lisa Su resigns as Chief Accounting Officer, effective Sept 9, 2022, to pursue a new business opportunity.
Travelzoo Q2 revenue $17.7M (-7% YoY); EPS $0.08 vs $0.22
Revenue $17.7M, down 7% YoY; constant-currency revenue $18.2M.
Travelzoo stockholders approve 600K-share CEO option grant at $8.14
Stockholders approved nonqualified option for CEO Holger Bartel to buy 600K shares at $8.14/share, vesting semi-annually over 2 years (5-year term).
Travelzoo Q1 revenue $18.5M (+29% YoY); EPS $0.19 vs -$0.14
Consolidated revenue $18.5M, up 29% from $14.3M in Q1 2021.
Travelzoo amends bylaws to add proxy access provisions
Board adopted amended and restated bylaws effective March 31, 2022.
Travelzoo acquires database of 2.8M US members from largest shareholder's subsidiary for $1.75M
Purchase price $1.75M: $600K cash at closing, $1.15M credit for waived prepaid license fees.
Travelzoo files 8-K referencing Q4 2021 earnings press release; no data provided
Press release dated March 3, 2022, furnished as Exhibit 99.1 but not included in provided text.
Travelzoo amends CEO Holger Bartel's employment; salary raised to $450,000 plus bonus up to $150,000
Salary increased to $450,000; annual cash bonus opportunity up to $150,000 based on 3 strategic goals.
Travelzoo Q3 2021 revenue $15.7M, up 14% YoY; EPS $0.22 vs $(0.10) loss
Revenue $15.7M, up 14% from $13.8M YoY; GAAP operating loss of $261K.
Travelzoo Q2 2021 revenue $19.1M (+172% YoY); EPS $0.22 vs -$0.48 loss
Revenue $19.1M, up 172% YoY from $7.0M and up 34% sequentially from $14.3M.
Travelzoo CFO Michèle Huiban resigns effective June 30, 2021
CFO Michèle Huiban resigned on June 30, 2021, effective at end of trial period; no disagreement with board.
On September 16, 2024, the Compensation Committee of the Board of Directors of the Company (the “Committee) approved the appointment of Lijun Qi, 54, as the Company’s Chief Accounting Officer.
On March 31, 2023, Mr. Wayne Lee’s consulting agreement with the Company expired. Mr. Lee was serving as the Chief Financial Officer of the Company pursuant to a six month consulting agreement that was extended by mutual agreement for an additional month.
Effective March 31, 2023, the Company designated Ms. Lijun Qi, 53, Finance Director, to act as principal accounting officer while the search for a Chief Financial Officer is performed.
On March 5, 2023, Travelzoo, a Delaware corporation (the “Company”), appointed Christina Sindoni Ciocca, General Counsel and Head of Global Functions, as an executive officer.
Ms. Ciocca has been a member of the Company’s Board of Directors since May 2019 and was recently elected as the Chair of the Board.
Ralph Bartel resigned as a director of the Company and its subsidiaries.
On August 9, 2022, the Company appointed Wayne L ee, 51, as C hief Financial Officer, effective August 29, 2022.
On August 8, 2022, Lisa Su resigned from her position as Chief Accounting Officer of Travelzoo (the “Company”), effective September 9, 2022, to pursue a new business opportunity.
On June 30, 2021, Ms. Michèle Huiban resigned as Chief Financial Officer of Travelzoo (the “Company”), effective as of the last day of the trial period as set forth in Ms. Huiban’s employment agreement.
Max materiality 0.90 · Median 0.60 · Most common event earnings