Webjet Limited ( (WEBJF) ) has released its Q4 earnings. Here is a breakdown of the information Webjet Limited presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Web Travel Group Limited, formerly known as Webjet Limited, operates in the travel industry, focusing on its business-to-business (B2B) travel distribution division, WebBeds, after a recent demerger. The company’s latest earnings report highlights a significant restructuring with the demerger of its business-to-consumer (B2C) division, allowing Web Travel Group to concentrate on the WebBeds B2B business. Key financial metrics for FY25 show a 22% increase in Total Transaction Value (TTV) to $4.9 billion and a 20% rise in bookings, although revenue growth was modest at 1%, and EBITDA fell by 13% to $120.6 million. The company also maintained a strong cash position with $363.6 million on hand. Despite challenges in TTV margins due to geographic and supply mix changes, the company is optimistic about achieving its long-term growth targets, including a $10 billion TTV by FY30. Management remains focused on strategic priorities such as enhancing supply, expanding reach, and leveraging technology to drive future growth.