(Alliance News) - Trustpilot Group PLC said it was "confident" of its outlook and strategy on Monday, with revenue and bookings rising in its first half.
The Copenhagen-based consumer review website said total revenue for its first half ended June 30 hit USD62 million, up 29% from USD48 million in the same period a year prior.
The FTSE 250-listed firm said its annual recurring revenue now is USD134 million, up 35% from USD99 million the previous year.
The business has seen "re-acceleration" in bookings since its pandemic-afflicted first half last year, with total bookings in the six months to June 30 rising by around 36% to USD75 million from USD55 million.
Chief Executive Peter Holten Muhlmann said: "We are encouraged by the progress we have made in the first half of the year and the board remains confident in the strategy and outlook for the business."
The London-based company plans to report its full first-half results on September 15.
Trustpilot shares were trading down 0.9% at 331.63 pence each in London on Monday morning.
By Scarlett Butler; scarlettbutler@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Trustpilot (TRST)