eDreams shares fell by 10pc due to slower subscriber growth in April-June. The Prime membership accounts for about 75pc of eDreams’ revenue with 7.5m users. Annual fees for the subscription range between €80 to €100.
The company reported a net profit of €13.6m for the first quarter, reversing a loss from the previous year. eDreams expects cash earnings to rise to between €215-220m for the fiscal year ending March 31, 2026.
A written statement from eDreams shared, “Our Prime membership grew by 20pc year-on-year. Our transition to a subscription-based business has shielded us from industry fluctuations. We expect our cash earnings before interest, taxes, depreciation and amortisation to rise to between €215-220m.”
