# Travelzoo (TZOO) · Edgar & Edgarette company card

> Travelzoo (TZOO) grew revenue 9.3% in FY2025 to $92 million, operating margin 7.5% against a 6.3% median for advertising, equity -16.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1133311 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TZOO) · [JSON](https://www.pops4.com/boards/company/TZOO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $92M |
| Revenue growth, 1 year | 9.3% |
| Revenue growth per year | 10.0% |
| Operating margin | 7.5% (prior year 22.0%) |
| Net margin | 5.4% |
| Operating cash flow | $6M |
| Capital spending | $65,000 |
| Free cash flow | $6M |
| Cash | $10M |
| Long-term debt | — |
| Total assets | $45M |
| Total equity | −$8M |
| Equity ÷ assets | -16.6% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.18 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -2.61 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); revenue is hard to predict: its 80% range is ±53%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $91.7M (FY2025). Experience: revenue up 9.3% on the year, up 10.0% a year over 4 years; operating margin 7.5%, down from 22.0%. Soundness: equity -16.6% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $53.1M and $174.1M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $55.5M to $167.0M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, services-advertising): operating margin 7.5% against a 6.3% median; growth 9.3% against 1.0%.

Range logged 2026-10-30, receipt a597e836e214878c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-04-20 ([filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000007/0001133311-26-000007-index.htm))

## Recent filings

- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000019/0001133311-26-000019-index.htm)
- 10-Q · filed 2026-08-13 · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000017/0001133311-26-000017-index.htm)
- 8-K · filed 2026-07-28 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000015/0001133311-26-000015-index.htm)
- 10-Q · filed 2026-05-14 · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000012/0001133311-26-000012-index.htm)
- 8-K · filed 2026-04-23 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000009/0001133311-26-000009-index.htm)
- 8-K · filed 2026-04-20 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1133311/000113331126000007/0001133311-26-000007-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001133311.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1133311

## Cite

POPS4, Edgar & Edgarette: Travelzoo (TZOO) company card, from the company's own SEC filings, accessed 2026-11-03, https://www.pops4.com/boards/company/TZOO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.