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lastminute.com NV (CH:LMN)
:LMN
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lastminute (LMN) AI Stock Analysis

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CH:LMN

lastminute

(LMN)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
CHF12.50
▲(4.17% Upside)
Action:Reiterated
Date:08/07/26
The score is driven primarily by improving financial performance (strong 2025 revenue growth and continued profitability), but it is held back by thin balance-sheet equity and historically volatile/free-cash-flow conversion. Technicals are weak with the stock below key moving averages, and valuation is a significant headwind due to the very high P/E despite only moderate dividend support.
Positive Factors
Revenue Rebound
A large 2025 revenue rebound after a flat 2024 indicates durable demand recovery and regained scale for the online travel platform. Higher booking volumes support improved negotiating leverage with suppliers and create a broader base for incremental take-rate and product upsell over the next several quarters.
Negative Factors
Thin Equity Cushion
A thin equity base relative to total assets reduces the balance-sheet buffer and amplifies return volatility when earnings or asset values swing. That limited cushion constrains the company's ability to absorb shocks, pursue M&A, or withstand prolonged downturns without raising external capital, elevating structural risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
A large 2025 revenue rebound after a flat 2024 indicates durable demand recovery and regained scale for the online travel platform. Higher booking volumes support improved negotiating leverage with suppliers and create a broader base for incremental take-rate and product upsell over the next several quarters.
Read all positive factors

lastminute (LMN) vs. iShares MSCI Switzerland ETF (EWL)

lastminute Business Overview & Revenue Model

Company Description
lastminute.com N.V. is a prominent player in the global online travel sector, with significant operations spanning Italy, Spain, the United Kingdom, France, and Germany, reaching customers in 40 countries and 17 languages. The company's business i...
How the Company Makes Money
LMN primarily makes money by earning commissions and margins on travel bookings made through its platforms. For accommodation and package holidays, it typically earns a commission or a net margin between the price paid by the customer and the amou...

lastminute Financial Statement Overview

Summary
Fundamentals are improving, led by a strong 2025 revenue rebound (+47.9% YoY) and sustained profitability (positive EBIT and net income in 2023–2025). However, profitability quality is mixed: margins are modest (~3.2% net margin in 2025) and declined versus 2024, and gross margin stepped down. Balance sheet leverage is manageable (debt-to-equity ~0.26) but equity is thin relative to assets (56.9M equity vs 481.2M assets), while cash flow is better in 2025 (positive OCF and FCF) yet historically volatile with imperfect cash conversion (FCF/NI ~0.57).
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
58
Neutral
BreakdownTTMMar 2026Dec 2024Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue262.48M363.67M313.70M317.14M294.36M142.61M
Gross Profit69.75M96.59M130.90M235.65M206.37M88.69M
EBITDA31.55M41.19M43.20M31.02M2.89M1.69M
Net Income1.45M11.61M15.70M6.96M-15.14M-9.57M
Balance Sheet
Total Assets570.31M476.19M456.75M466.83M487.74M407.13M
Cash, Cash Equivalents and Short-Term Investments121.83M72.74M43.20M108.40M126.40M115.23M
Total Debt35.83M3.95M5.50M16.42M14.36M6.96M
Total Liabilities517.92M419.39M405.98M423.50M475.77M344.07M
Stockholders Equity52.39M56.90M14.70M42.74M11.39M62.51M
Cash Flow
Free Cash Flow-18.12M30.40M-700.00K-38.50M54.31M149.00K
Operating Cash Flow6.82M52.90M24.40M-15.35M73.08M7.62M
Investing Cash Flow-5.70M-19.50M-37.30M-16.82M-30.12M-15.59M
Financing Cash Flow-11.05M-29.94M-43.90M13.14M-33.01M-20.34M

lastminute Technical Analysis

Technical Analysis Sentiment
Negative
Last Price12.00
Price Trends
50DMA
12.75
Negative
100DMA
12.41
Negative
200DMA
12.68
Negative
Market Momentum
MACD
-0.25
Positive
RSI
41.80
Neutral
STOCH
38.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:LMN, the sentiment is Negative. The current price of 12 is below the 20-day moving average (MA) of 12.35, below the 50-day MA of 12.75, and below the 200-day MA of 12.68, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 41.80 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:LMN.

lastminute Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
55
Neutral
CHF131.69M92.835.83%2.91%7.70%-75.63%
49
Neutral
CHF8.68M-31.77-10.97%-402.63%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:LMN
lastminute
11.95
-2.71
-18.47%
CH:ASWN
ASMALLWORLD AG
0.61
-0.43
-41.35%

lastminute Corporate Events

Lastminute.com trims outlook after resilient H1 amid softer European travel
Jul 30, 2026
Lastminute.com reported resilient first-half 2026 results, with revenues up 4% year-on-year to €189.7m, driven by strong flight sales and solid late-booking demand for packages despite pressure across the European travel sector. The group hi...
Lastminute.com schedules Q2 and H1 2026 results call for investors and media
Jul 23, 2026
Lastminute.com will hold an investor and media conference call on 30 July 2026 to present its second quarter and half-year 2026 financial results, led by CEO Alessandro Petazzi and CFO Diego Fiorentini. The audio webcast, conducted in English, wil...
Lastminute.com Shareholders Approve Dividend and Board Changes at 2026 AGM
Jun 24, 2026
Lastminute.com, the European travel-tech leader in dynamic holiday packages, held its 2026 annual general meeting in Amsterdam, where shareholders approved the 2025 financial statements and a dividend of EUR 0.41 per share, payable in Swiss francs...
Lastminute.com to Cut Jobs and Reorganise Around AI-Driven Travel Strategy
Jun 17, 2026
Lastminute.com announced a major reorganisation to transform itself into an AI-powered travel company, accelerating the deployment of AI across customer-facing applications and core workflows while redesigning its operating model for greater effic...
Lastminute.com reshapes board slate and consolidates incentive plans ahead of 2026 AGM
May 26, 2026
Lastminute.com’s board has proposed the re-election of all current directors, including chairman Yann Rousset and CEO Alessandro Petazzi, at the 24 June 2026 AGM, while also nominating Stefano Frontini and adding major shareholder-backed can...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 07, 2026