Trustpilot shares jumped more than 10% today after the review platform reported a strong FY25 performance, with bookings expected to rise 22% year-on-year to $291 million (£217m).
ARR is forecast to climb 28% to $296m (£220m) and the group said adjusted EBITDA is projected to come in ahead of market expectations.
“2025 was a year of excellent strategic and financial progress, with growth accelerating in H2,” said Adrian Blair, CEO of Trustpilot.
“Answer Engine Optimisation drove particularly strong growth in enterprise new business. This, combined with product innovation and improved gross dollar retention, positions us strongly for 2026.
“We reinforced our core commitment to trust, implementing new AI-enabled fraud detection technology, ensuring that both consumers and the 1.3m businesses using Trustpilot can continue to build trust with confidence.”
The Copenhagen-based business, which is listed in London, also highlighted its focus on trust and integrity, saying it implemented new AI-enabled fraud detection and removed 7.8m fake reviews.
It also noted that an Italian regulatory process is ongoing but not expected to have a material impact.
Separately it announced it is extending its share buyback programme by up to £10m, taking the total potential buyback to £40m, and confirmed it plans to propose Ernst & Young as its auditor from FY26.
The company’s full-year results are due on 17th March but today’s announcement saw its share price rise by 10.3% to 207.6p.
It comes as a welcome boost for the firm, which has seen its stock drop by over 21% in the past 12 months, although its market cap still stands at £828m.