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The latest update is out from Webjet Limited ( (AU:WEB) ).
Web Travel Group Limited has reported its preliminary final results for the financial year ending March 31, 2025. The company saw a 3% increase in total revenue from continuing operations, reaching $328.4 million. However, profit from ordinary activities after tax from continuing operations dropped significantly by 86% to $11.1 million. The demerger of Webjet Group Limited has been classified as a discontinued operation, contributing to a substantial increase in net profit attributable to members, which rose by 196% to $201.5 million. The company has also lost control over several entities, including Earlybird (Shenzen) Limited and GoSee Limited, as part of its restructuring efforts.
The most recent analyst rating on (AU:WEB) stock is a Sell with a A$3.70 price target. To see the full list of analyst forecasts on Webjet Limited stock, see the AU:WEB Stock Forecast page.
More about Webjet Limited
Web Travel Group Limited, formerly known as Webjet Limited, operates in the travel industry. The company primarily focuses on providing online travel agency services and has recently undergone a demerger, resulting in a focus on its WebBeds business.
Average Trading Volume: 2,317,827
Technical Sentiment Signal: Sell
Current Market Cap: A$1.72B
See more data about WEB stock on TipRanks’ Stock Analysis page.
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