Trustpilot says revenue on track a year after IPO
The consumer reviews company posted a 24% jump in revenue in 2021
Company
Trustpilot Group PLC
LON:TRST
Trustpilot hosts reviews to help consumers shop with confidence and deliver rich insights to help businesses improve the experiences they offer. It is a digital platform that brings businesses and consumers together to foster trust and inspire collaboration.
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Trustpilot upgrades full-year forecasts as revenues jump 31% in half year
Revenues are expected to climb by a third over the course of 2021
Trustpilot revenues jump by a third as business accelerates post-pandemic
The consumer review website also saw its bookings surge 37% in the first half of 2021
Trustpilot taps into US$50bn market opportunity, says City broker
It has only captured 0.2% share but there is scope for more, says Peel Hunt
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As market penetration grows and its customer base matures in newer markets such as the US, Berenberg also expects profit margins to improve