Added to YB: 2025-09-23
Pitch date: 2025-09-17
TRST.L [bearish]
Trustpilot Group plc
+33.02%
current return
Author Info
HitHawk Research is a short-biased activist targeting fraud, abuse & deception in European financial markets Visit the website.
Company Info
Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally.
Market Cap
GBP 1.0B
Pitch Price
GBP 2.37
Price Target
1.59
Dividend
N/A
EV/EBITDA
66.41
P/E
971.48
EV/Sales
4.18
Sector
Interactive Media and Services
Category
special_situation
A Brazenly Deceitful Business - Trustpilot Group plc
TRST.L short: Review platform with fraudulent business model - forces companies onto platform without consent, extorts payment via fake negative reviews, steals IP through deceptive T&Cs. Google competition decimating traffic since Nov 2023. Legal challenges mounting in US/Germany could destroy $200M revenue stream.
Read full article (8 min)