Global online review platform Trustpilot has forecast 20% growth in revenue and profit ahead of expectations for 2025, helped by double-digit growth in bookings in all its markets.
The company said it expects full-year revenue to rise to $261m, helped by an 18% surge in total bookings for the period.
Core earnings are expected to beat a company-compiled consensus estimate of $36-39m.
Last month, short seller Grizzly Research disclosed a short position in Trustpilot and accused it of creating fake profiles that gave negative reviews, and then pressuring companies to pay for subscriptions.
Trustpilot rejected the allegations.
Trustpilot also said today the firm would respond to a draft "statement of objections" it received from the Italian competition authority for allegedly breaching its consumer code, but does not expect that to affect the group's operations.
