We feel now is a pretty good time to analyse eDreams ODIGEO S.A.’s (BME:EDR) business as it appears the company may be on the cusp of a considerable accomplishment. eDreams ODIGEO S.A., together with its subsidiaries, operates as an online travel company in Europe. The €947m market-cap company’s loss lessened since it announced a €43m loss in the full financial year, compared to the latest trailing-twelve-month loss of €21m, as it approaches breakeven. The most pressing concern for investors is eDreams ODIGEO’s path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company’s growth and when analysts expect it to become profitable.
View our latest analysis for eDreams ODIGEO
eDreams ODIGEO is bordering on breakeven, according to the 5 Spanish Hospitality analysts. They expect the company to post a final loss in 2023, before turning a profit of €8.7m in 2024. So, the company is predicted to breakeven approximately a…