Financials

Estimates*

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Revenues, earnings & profits over time
EUR201520192020202120222023
Revenues4.1m3.1m2.3m3.6m4.3m6.0m
% growth--(26 %)59 %17 %41 %
EBITDA--(9.4m)(3.1m)--
% EBITDA margin--(411 %)(86 %)--
Profit--(10.3m)(3.7m)--
% profit margin--(447 %)(103 %)--

Source: Dealroom estimates

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Recent News about TourRadar

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More about TourRadar
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TourRadar is a digital platform that operates in the travel and tourism industry, providing a marketplace for multi-day travel experiences. The company serves a broad range of clients, from solo travelers to groups, offering more than 50,000 travel options from over 2,500 trusted operators. TourRadar's business model is centered around facilitating the connection between travelers and tour operators, simplifying the process of booking organized adventures.

The company's offerings range from logistics to meals, experiences, and friendly guides. Customers can choose to join a group or travel exclusively with their own group. They also have the flexibility to customize an existing itinerary or create their own. This level of customization and variety caters to a wide range of traveler preferences, making TourRadar a versatile player in the market.

TourRadar is also committed to sustainable travel, promoting responsible operators and implementing a Climate Action Plan. They measure their carbon footprint and have pledged to conscious travel, demonstrating a commitment to environmental responsibility.

The company generates revenue by charging a commission on each booking made through its platform. This commission-based model allows TourRadar to maintain a vast selection of travel options without the need for significant inventory costs.

In summary, TourRadar is a digital marketplace for organized multi-day travel experiences, serving a diverse clientele with a wide range of travel options, while also promoting sustainable travel practices.

Keywords: Travel, Tourism, Digital Platform, Organized Adventures, Sustainable Travel, Commission-Based Model, Customizable Itineraries, Group Travel, Solo Travel, Multi-Day Experiences.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.