- CarTrawler pre-tax profits increased by 68pc to €11.79m in the last full year before Expedia purchase
- Revenues increased by 5pc from €172.29m to €181.69m in the 12 months to the end of September
- The company was acquired by US digital travel giant Expedia in May
- CarTrawler launched partnerships with Ryanair, Qantas, Etihad, Trainline, the AA, and Southwest Airlines
- Numbers employed reduced by 20pc from 401 to 322 during the year
CarTrawler, the Irish headquartered travel technology company, has reported pre-tax profits increasing by 68pc to €11.79m in its last full year ahead of the Expedia purchase. The business was acquired by US digital travel giant Expedia in May, and consolidated accounts just filed for Etrawler UC show that revenues increased by 5pc from €172.29m to €181.69m in the 12 months to the end of September last.
The pre-tax profits of €11.79m follow pre-tax profits of €7m in 2024, and EBITDA increased by 18pc last year, delivered by continued organic growth and a number of new commercial partnerships. In 2025, CarTrawler launched partnerships with Ryanair, Qantas, and continued to expand with launches with Etihad, Trainline, the AA, and Southwest Airlines. Last year, the company purchased Paris-based travel insurtech provider, Koala, further expanding the group’s multi-product ancillary platform.
Numbers employed last year reduced by 20pc or 79 from 401 to 322, as staff costs declined from €39.47m to €36.9m. The profit for 2025 takes account of exceptional costs of €3.88m that include €3.17m in professional fees and other costs along with restructuring costs of €765,000 incurred on a re-organisation of a number of functions which included severance payments. The group recorded a post-tax profit of €11.18m last year after incurring a corporation tax charge of €609,000.
Peter O’Donovan, CEO of CarTrawler, shared “The business continued to perform strongly in 2025, delivered by continued organic growth and a number of new commercial partnerships. “The purchase of Koala further expands the group’s multi-product ancillary platform. The group continued to demonstrate strong organic growth and to add partners to its platform and as a result forecasts growth in the year ended September 2026.”
