TRAVELZOO (TZOO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 46.71% of current shares
Recent Dilution: 3.78% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
11M
Potential Supply
5.1M
Additional shares possible
Splits
None
Past 2 years

Summary

TZOO currently has 10.8M outstanding shares. with moderate dilution risk from 5.06M authorized shares representing 46.7% potential dilution. The company has minimally diluted shareholders by 3.78% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 10.8M shares outstanding

11M 5.1M
Nov 10, 2025

10-Q filing | 11.0M shares outstanding

11M 4.9M
Aug 12, 2025

10-Q filing | 11.1M shares outstanding

11M 4.8M
May 13, 2025

10-Q filing | 11.7M shares outstanding

12M 4.2M
Mar 19, 2025

10-K filing | 11.2M shares outstanding

11M 4.7M
Nov 08, 2024

10-Q filing | 12.2M shares outstanding

12M 3.7M
Aug 09, 2024

10-Q filing | 12.9M shares outstanding

13M 3M
May 15, 2024

10-Q filing | 13.5M shares outstanding

13M 2.4M
Mar 22, 2024

10-K filing | 13.2M shares outstanding

13M 2.7M
Nov 08, 2023

10-Q filing | 14.8M shares outstanding

15M 1.1M
Aug 14, 2023

10-Q filing | 15.3M shares outstanding

15M 620K
May 12, 2023

10-Q filing | 15.7M shares outstanding

16M 200K
Mar 31, 2023

10-K filing | 15.7M shares outstanding

16M 200K
Feb 03, 2023

S-3 filing: This prospectus relates to resales, from time to time, of up to 3,410,000 shares of our common stock by Azzurro Capital Inc.

16M 200K
Jan 05, 2023

8-K filing: Travelzoo completed the sale of 3,410,000 shares of common stock to Azzurro Capital Inc. for $15,004,000, consisting of cash, a promissory note, and the transfer of MTE's capital stock. ($15.0M proceeds)

12M 0
Nov 25, 2022

8-K filing: Travelzoo entered into a Stock Purchase Agreement with Azzurro Capital Inc. to issue and sell 3,410,000 shares of common stock in exchange for consideration including $10,000,000 and shares of Metaverse Travel Experiences, Inc. ($10.0M proceeds)

12M 0
Nov 14, 2022

10-Q filing | 12.5M shares outstanding

12M 0
Aug 10, 2022

10-Q filing | 12.5M shares outstanding

13M 0
May 12, 2022

10-Q filing | 12.5M shares outstanding

13M 0
Mar 31, 2022

10-K filing | 11.6M shares outstanding

12M 0
Nov 08, 2021

10-Q filing | 11.6M shares outstanding

12M 0
Aug 04, 2021

10-Q filing | 11.5M shares outstanding

11M 0
May 07, 2021

10-Q filing | 11.4M shares outstanding

11M 0
Mar 31, 2021

10-K filing | 11.3M shares outstanding

11M 0
Nov 06, 2020

10-Q filing | 11.3M shares outstanding

11M 0
Aug 10, 2020

10-Q filing | 11.3M shares outstanding

11M 0
Jun 25, 2020

10-Q filing | 11.9M shares outstanding

12M 0
Mar 20, 2020

10-K filing | 12.3M shares outstanding

12M 0
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