v3.25.1
Segment Reporting and Significant Customer Information
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segments Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the chief operating decision maker’s management of the business. The Company currently has four reportable operating segments: Travelzoo North America, Travelzoo Europe, Jack’s Flight Club and New Initiatives. Travelzoo North America consists of the Company’s operations in the U.S. and Canada. Travelzoo Europe consists of the Company’s operations in France, Germany, Spain and the U.K. Jack’s Flight Club consists of subscription revenues from premium members to access and receive flight deals from Jack’s Flight Club via email or mobile applications. New Initiatives consists of Travelzoo’s licensing activities in certain Asia Pacific territories, the Travelzoo META subscription service and MTE.
Our chief operating decision maker ("CODM") is our Global Chief Executive Officer. The CODM primarily uses operating income (loss) to evaluate each segment's performance, allocate resources and make capital investments. We allocate certain software and license costs, such as IT and customer support, across all segments but do not allocate expenses such as legal-related costs or income taxes. Financial information is utilized along with forecasts to enable the CODM to manage our business across all operating segments.
For the three months ended March 31, 2025, Travelzoo North America operations comprised 65% of revenues, Travelzoo Europe operations comprised 29% of revenues and Jack's Flight Club comprised 6% of revenues.
The following is a summary of operating results by business segment (in thousands):
Three Months Ended March 31, 2025Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$14,830 $6,970 $1,323 $17 $23,140 
Intersegment revenues298 (258)(40)— — 
Total net revenues15,128 6,712 1,283 17 23,140 
Sales and marketing (1)5,700 3,902 623 — 10,225 
Other costs and expenses (2)5,834 2,582 648 47 9,111 
Operating profit (loss)$3,594 $228 $12 $(30)$3,804 
Other income, net$629 
Income from continuing operations before income taxes$4,433 

(1) Includes advertising and promotional costs, employee-related expenses for sales, marketing, and production teams, conference participation costs, professional services, public relations expenses, and facilities costs.

(2) Includes costs and expenses related to cost of revenues, product development, and general and administrative. Travelzoo North America and Travelzoo Europe general and administrative expenses include stock based compensation of $339,000 and $0, respectively.

Three Months Ended March 31, 2024Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$14,273 $6,580 $1,100 $32 $21,985 
Intersegment revenues(45)82 (37)— — 
Total net revenues14,228 6,662 1,063 32 21,985 
Sales and marketing5,107 3,061 405 — 8,573 
Other costs and expenses4,683 2,219 757 162 7,821 
Operating profit (loss)$4,438 $1,382 $(99)$(130)$5,591 
Other income, net$139 
Income from continuing operations before income taxes$5,730 
(1) Includes advertising and promotional costs, employee-related expenses for sales, marketing, and production teams, conference participation costs, professional services, public relations expenses, and facilities costs.
(2) Includes costs and expenses related to cost of revenues, product development, and general and administrative. Travelzoo North America and Travelzoo Europe general and administrative expenses include stock based compensation of $95,000 and $0, respectively.

A measure of segment assets is not currently provided to the Chief Operating Decision Maker and has therefore not been provided.
For the three months ended March 31, 2025 and 2024, the Company did not have any customers that accounted for 10% or more of revenue. As of March 31, 2025 and December 31, 2024, the Company did not have any customers that accounted for 10% or more of accounts receivable.
The following table sets forth the breakdown of revenues (in thousands) by category: Advertising, Membership Fees, and Other. Advertising includes travel publications (Top 20, Travelzoo website, Standalone email newsletters, Travelzoo Network), Getaways vouchers, hotel platform, vacation packages, Local Deals vouchers and entertainment offers (vouchers and direct bookings). Membership Fees includes subscription fees paid by Travelzoo and Jack's Flight Club members. Other includes licensing fees from license agreements and the existing retail business acquired by the Company in the MTE transaction.
Three Months Ended
 March 31,
 20252024
Advertising$20,680 $20,850 
Membership Fees2,443 1,104 
Other17 31 
Total revenues$23,140 $21,985 

The following table sets forth revenues for individual countries that comprised 10% or more of total revenue (in thousands):
Three Months Ended
March 31,
 20252024
Revenue
United States $13,576 $12,771 
United Kingdom5,643 5,514 
Rest of the world3,921 3,700 
Total revenues$23,140 $21,985