Hostelworld - FY22 print… focus on FY23 guide and the €30m debt

Davy Research
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The FY23 guidance, 20% revenue growth and ‘mid-to-high teens’ aEBITDA margin are the focus today. Hostelworld (HSW) is ‘well positioned and firmly on track to meet that’ and the other intriguing dynamic is the €30m debt facility – ‘the refinance process underway, expected to complete in FY23 and will lower finance costs’.