Hostelworld Group plc (LON:HSW) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Hostelworld Group plc operates an online booking platform worldwide. With the latest financial year loss of €17m and a trailing-twelve-month loss of €10m, the UK£169m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Hostelworld Group’s investors mind, we’ve decided to gauge market sentiment. We’ve put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
Check out our latest analysis for Hostelworld Group
Consensus from 7 of the British Hospitality analysts is that Hostelworld Group is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of €4.1m in 2024. Therefore, the company is expected to breakeven just over…