Announcement • May 08
Trainline plc Provides Earnings Guidance for the Fiscal Year 2027 Trainline Plc provided earnings guidance for the fiscal year 2027. For the year, the company expects revenue of EUR 440 million to EUR 455 million. Announcement • Mar 12
Trainline plc to Report Fiscal Year 2026 Results on May 06, 2026 Trainline plc announced that they will report fiscal year 2026 results at 6:00 AM, Coordinated Universal Time on May 06, 2026 Announcement • Feb 25
Trainline plc Announces Jody Ford Plans to Step Down as Chief Executive Officer Trainline plc announced that Jody Ford intends to step down as Chief Executive Officer after more than six years at the Company. Jody will continue to lead Trainline as CEO through the transition to new leadership. The Board has commenced a formal search process for his successor. Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Marie Lalleman was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 12
Trainline plc Reconfirms Earnings Guidance for the Fiscal Year 2026 Trainline plc reconfirmed earnings guidance for the fiscal year 2026. For fiscal year 2026, the company reconfirmed its year-on-year growth expectations for group net ticket sales (of between +6% and +9%) and group revenue (of between 0% and +3%). Announcement • May 30
Trainline plc, Annual General Meeting, Jun 26, 2025 Trainline plc, Annual General Meeting, Jun 26, 2025. Location: 120 holborn, ec1n 2td, london United Kingdom Announcement • Apr 18
Trainline Plc (LSE:TRN) acquired Online Travel Solutions, S.L. Trainline Plc (LSE:TRN) agreed to acquire Online Travel Solutions, S.L. on April 17, 2025.
Trainline Plc (LSE:TRN) completed acquisition of Online Travel Solutions, S.L. on April 17, 2025. Reported Earnings • Nov 10
First half 2025 earnings released: EPS: UK£0.075 (vs UK£0.029 in 1H 2024) First half 2025 results: EPS: UK£0.075 (up from UK£0.029 in 1H 2024). Revenue: UK£229.1m (up 16% from 1H 2024). Net income: UK£34.0m (up 149% from 1H 2024). Profit margin: 15% (up from 6.9% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €5.20, the stock trades at a forward P/E ratio of 35x. Average trailing P/E is 14x in the Hospitality industry in Germany. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.03 per share. Announcement • Nov 07
Trainline plc Provides Revenue Guidance for the Fiscal Year 2025 Trainline Plc provided revenue guidance for the fiscal year 2025. For the year, the company expects Revenue YoY growth of between +11% and +13%. Announcement • Sep 12
Trainline Plc to Report First Half, 2025 Results on Nov 07, 2024 Trainline Plc announced that they will report first half, 2025 results on Nov 07, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: UK£0.073 (vs UK£0.045 in FY 2023) Full year 2024 results: EPS: UK£0.073 (up from UK£0.045 in FY 2023). Revenue: UK£396.7m (up 21% from FY 2023). Net income: UK£34.0m (up 60% from FY 2023). Profit margin: 8.6% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jun 02
Trainline Plc, Annual General Meeting, Jun 27, 2024 Trainline Plc, Annual General Meeting, Jun 27, 2024. Location: 120 holborn, ec1n 2td, london United Kingdom New Risk • May 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 03
Full year 2024 earnings released: EPS: UK£0.073 (vs UK£0.045 in FY 2023) Full year 2024 results: EPS: UK£0.073 (up from UK£0.045 in FY 2023). Revenue: UK£396.7m (up 21% from FY 2023). Net income: UK£34.0m (up 60% from FY 2023). Profit margin: 8.6% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • May 03
Trainline Plc Provides Financial Guidance for the Fiscal 2025 Trainline Plc provides financial guidance for the fiscal 2025. For the period, the company expects net ticket sales year over year growth of between 8% and 12%. Revenue year over year growth of between 7% and 11%. The company continue to enjoy significant growth opportunities, including increasing eticket penetration in the UK and new entrant carrier competition increasing the need for a market aggregator for European rail. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €4.26, the stock trades at a forward P/E ratio of 47x. Average trailing P/E is 23x in the Hospitality industry in Germany. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.21 per share. Buy Or Sell Opportunity • Mar 15
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €4.26. The fair value is estimated to be €3.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 108% in the next 2 years. Announcement • Mar 15
Trainline Plc to Report Fiscal Year 2024 Results on May 03, 2024 Trainline Plc announced that they will report fiscal year 2024 results on May 03, 2024 Buy Or Sell Opportunity • Jan 31
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to €3.78. The fair value is estimated to be €3.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 112% in the next 2 years. Announcement • Jan 17
Trainline plc Announces Appointment of Marie Lalleman as Independent Non-Executive Director and Member of Audit and Risk, Nomination and Remuneration Committees Trainline Plc announced the appointment of Marie Lalleman as Independent Non-Executive Director and Member of Audit and Risk, Nomination and Remuneration Committees with?? effect from 17 January 2024. Marie is currently a Non-executive Director at Criteo SA and Patrizia SE. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €3.69, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 17x in the Hospitality industry in Europe. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.26 per share. New Risk • Nov 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Nov 03
Trainline plc Provides Revenue Guidance for the Year 2024 Trainline Plc announced tightening Group guidance towards upper end of range for 2024: Revenue YoY growth of between +15% and +20% (previously 13% to 22%). Reported Earnings • Nov 03
First half 2024 earnings released: EPS: UK£0.029 (vs UK£0.026 in 1H 2023) First half 2024 results: EPS: UK£0.029 (up from UK£0.026 in 1H 2023). Revenue: UK£196.9m (up 19% from 1H 2023). Net income: UK£13.6m (up 12% from 1H 2023). Profit margin: 6.9% (down from 7.4% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 20
Trainline Plc (LSE:TRN) commences an Equity Buyback Plan for 48,068,050 shares, representing 10% of its issued share capital, under the authorization approved on June 29, 2023. Trainline Plc (LSE:TRN) commences share repurchases on September 18, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2023. As per the mandate, the company is authorized to repurchase up to 48,068,050 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash, or used to meet the company’s obligations under its employee share schemes. The authority shall expire at the conclusion of the next Annual General Meeting of the company. As of May 4, 2023, the company had 480,680,508 ordinary shares in issue and no ordinary shares in treasury.
On September 14, 2023, the company announced a share repurchase program. Under the program, the company will repurchase £50 million worth of its shares. Any surplus capital thereafter may be returned to shareholders. The program will end no later than September 13, 2024. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.19, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 17x in the Hospitality industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.87 per share. Announcement • Sep 01
Trainline Plc to Report First Half, 2024 Results on Nov 02, 2023 Trainline Plc announced that they will report first half, 2024 results on Nov 02, 2023 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €2.77, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Hospitality industry in Europe. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.66 per share. Board Change • Jun 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Executive Director Peter Wood was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 31
Trainline Plc, Annual General Meeting, Jun 29, 2023 Trainline Plc, Annual General Meeting, Jun 29, 2023, at 07:30 Coordinated Universal Time. Location: 1 Tanfield Edinburgh EH3 5DA Edinburgh United Kingdom Reported Earnings • May 07
Full year 2023 earnings released: EPS: UK£0.045 (vs UK£0.025 loss in FY 2022) Full year 2023 results: EPS: UK£0.045 (up from UK£0.025 loss in FY 2022). Revenue: UK£327.1m (up 74% from FY 2022). Net income: UK£21.2m (up UK£33.1m from FY 2022). Profit margin: 6.5% (up from net loss in FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Dec 17
Trainline plc Appoints Peter Wood as Chief Financial Officer Trainline announced the appointment of Peter Wood to the Board as Chief Financial Officer of the Company with immediate effect. The announcement follows a thorough search process, which included both internal and external candidates. Peter has worked in senior finance roles at Trainline for seven years, including as Interim CFO since September this year. Board Change • Nov 16
High number of new directors Independent Non-Executive Director Parekh Goss-Custard was the last director to join the board, commencing their role in 2022. Reported Earnings • Nov 04
First half 2023 earnings released First half 2023 results: Revenue: UK£165.0m (up 112% from 1H 2022). Net income: UK£12.2m (up UK£20.6m from 1H 2022). Profit margin: 7.4% (up from net loss in 1H 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Parekh Goss-Custard was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Parekh Goss-Custard was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 23
Trainline plc Announces Stepdown of Shaun McCabe as CFO, September 15, 2022 Trainline announced that Shaun McCabe, Chief Financial Officer (CFO), has informed the Board that after six years with the Company he has decided to step down, effective 15th September 2022, in order to assume the role of CFO at boohoo group plc. Shaun will continue as CFO of Trainline until that time. Peter Wood, Vice President of Finance, will assume the role of interim CFO whilst the process to appoint a successor is underway. Peter has been with Trainline for seven years. In that time, he has played a central role in financial control, planning and analysis, as well as our engagement with industry and regulatory stakeholders. Announcement • Jun 01
Trainline Plc, Annual General Meeting, Jun 30, 2022 Trainline Plc, Annual General Meeting, Jun 30, 2022, at 09:00 Coordinated Universal Time. Location: 120 Holborn London United Kingdom Agenda: To consider Amendments to the Trainline plc Performance Share Plan Rules; to consider Director re-election; to consider Reports and Accounts; to consider Directors' Remuneration Policy; to consider Directors' Remuneration Report; to consider amendments to the Trainline Plc Performance Share Plan Rules; to consider Re-election of directors; to consider appointment of the auditor and remuneration of the auditor; and to consider other matters. Announcement • May 25
Trainline plc Announces Directorate Changes Trainline plc announced the appointment of Rakhi Goss-Custard as Independent Non-executive Director of the company with effect from the conclusion of the Company's forthcoming AGM and that Kjersti Wiklund has decided not to seek re-election at the Company's forthcoming AGM and will step down from the Board upon its conclusion. Rakhi will join Trainline's Remuneration Committee as its Chair and will also join the Nomination and Audit and Risk Committees. Reported Earnings • May 06
Full year 2022 earnings released: UK£0.025 loss per share (vs UK£0.19 loss in FY 2021) Full year 2022 results: UK£0.025 loss per share (up from UK£0.19 loss in FY 2021). Revenue: UK£188.5m (up 181% from FY 2021). Net loss: UK£11.9m (loss narrowed 87% from FY 2021). Over the next year, revenue is forecast to grow 46%, compared to a 114% growth forecast for the restaurants industry in Germany. Buying Opportunity • Apr 01
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be €3.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% over the last year. Earnings per share has declined by 100%. Revenue is forecast to grow by 101% in a year. Earnings is forecast to grow by 97% in the next year. Announcement • Feb 24
Trainline plc Announces Committee Change, Effect from 1 March 2022 Trainline plc announced that Andy Phillipps will become a member of the Audit and Risk Committee with effect from 1 March 2022. Buying Opportunity • Jan 25
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be UK£3.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% over the last year. Earnings per share has declined by 100% over the last year. Reported Earnings • Nov 04
First half 2022 earnings released: UK£0.018 loss per share (vs UK£0.081 loss in 1H 2021) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2022 results: Revenue: UK£77.7m (up 151% from 1H 2021). Net loss: UK£8.42m (loss narrowed 78% from 1H 2021). Breakeven Date Change • Sep 23
Forecast to breakeven in 2023 The 8 analysts covering Trainline expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of UK£21.2m in 2023. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Announcement • Sep 15
Trainline plc Provides Earnings Guidance for the First Half and Full Year 2022 Trainline Plc provided earnings guidance for the first half and full year 2022. As a result of the group's recovery, the company expects to return to profitability in the first half.
For the year, the company expected net ticket sales in the range of £2.4 billion to 2.8 billion. Reported Earnings • Jun 03
Full year 2021 earnings released: UK£0.19 loss per share (vs UK£0.18 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: UK£67.1m (down 74% from FY 2020). Net loss: UK£91.3m (loss widened 13% from FY 2020). Recent Insider Transactions • May 27
Independent Non-Executive Chair recently bought €58k worth of stock On the 26th of May, Brian McBride bought around 19k shares on-market at roughly €3.10 per share. This was the largest purchase by an insider in the last 3 months. This was Brian's only on-market trade for the last 12 months. Reported Earnings • May 07
Full year 2021 earnings released: UK£0.19 loss per share (vs UK£0.18 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: UK£67.1m (down 74% from FY 2020). Net loss: UK£91.3m (loss widened 13% from FY 2020). Executive Departure • Mar 02
CEO & Director Clare Gilmartin has left the company On the 28th of February, Clare Gilmartin's tenure as CEO & Director of the company ended. Clare personally held 7.71m shares (€39m worth) as of December 2020. This is 1.6% of the company. Clare is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 26
New 90-day high: €5.95 The company is up 15% from its price of €5.17 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Online Retail industry, which is also up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.79 per share. Announcement • Feb 26
Brian McBride to No Longer Be Member of the Remuneration Committee of Trainline plc Trainline plc announced that the Board, on the recommendation of the Nomination Committee, has approved the following change: With effect from 24 February 2021 Brian McBride will no longer be a member of the Remuneration Committee. Brian will remain Chair of the Board and the Nomination Committee. Recent Insider Transactions • Feb 18
CEO & Director recently sold €473k worth of stock On the 15th of February, Clare Gilmartin sold around 84k shares on-market at roughly €5.62 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.2m. Clare has been a seller over the last 12 months, reducing personal holdings by €4.1m. Is New 90 Day High Low • Feb 10
New 90-day high: €5.42 The company is up 23% from its price of €4.41 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.75 per share. Is New 90 Day High Low • Dec 15
New 90-day high: €5.28 The company is up 28% from its price of €4.13 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.65 per share. Recent Insider Transactions • Dec 05
CFO & Director recently sold €3.2m worth of stock On the 1st of December, Shaun McCabe sold around 600k shares on-market at roughly €5.35 per share. This was the largest sale by an insider in the last 3 months. This was Shaun's only on-market trade for the last 12 months. Reported Earnings • Nov 06
First half 2021 earnings released: UK£0.081 loss per share The company reported a soft first half result with weaker revenues and control over expenses, though losses reduced. First half 2021 results: Revenue: UK£31.0m (down 76% from 1H 2020). Net loss: UK£38.6m (loss narrowed 57% from 1H 2020). Is New 90 Day High Low • Nov 05
New 90-day low: €2.96 The company is down 30% from its price of €4.21 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.07 per share. Is New 90 Day High Low • Oct 19
New 90-day low: €3.60 The company is down 17% from its price of €4.35 on 21 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.29 per share. Announcement • Sep 24
Trainline plc Announces Directorate Change Effective from 1St October 2020 and 1St January 2021 Trainline plc announced the appointment of Jennifer Duvalier as Senior Independent Non-executive Director, effective 1st October 2020, and Andy Phillipps as Independent Non-executive Director, effective 1st January 2021. Jennifer and Andy will both be members of the Nomination Committee and Remuneration Committee with Jennifer also joining the Audit and Risk Committee. Is New 90 Day High Low • Sep 23
New 90-day low: €3.75 The company is down 28% from its price of €5.22 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.36 per share. Announcement • Sep 17
Trainline Plc to Report First Half, 2021 Results on Nov 05, 2020 Trainline Plc announced that they will report first half, 2021 results on Nov 05, 2020