NOTE: Unless otherwise stated, in this document all financials are for Underlying Operations and all comparisons are over the previous corresponding period (pcp). CY19 (pre- Covid) and pre-pandemic refers to the 12 months ending 31 December 2019 (ie pre-Covid) restated to align to 31 March year end, ie 1H19 being April 2019 to September 2019
and 2H19 being October 2019 to December 2019 plus January 2019 to March 2019.
WebBeds: Ahead of pre-pandemic levels on all metrics in 2H23
Webjet OTA: 2H23 TTV at pre-pandemic levels; maintained domestic market share while growing international
GoSee: EBITDA continues to improve
2
FY23 - Key Metrics.
FY23
Group Bookings
Bookings
TTV
and TTV above
Revenue
EBITDA
7.36
4.35
364.4
134.8
pre-pandemic
m
$
(AUD)
bn
$
(AUD)
m
$
(AUD)
m
levels for
full year.
3
FY23 - Highlights.
$150m EBITDA turnaround from FY22.
EBITDA
$134.8m
$139.8 million on constant currency basis
Total Cash
$514m
Strong cash balance post repayment of $86m bank debt
Bookings
16%
Webjet Limited Group bookings ahead of pre-pandemiclevels
See page 13 for details
WebBeds: $117.1 million EBITDA
Transformation strategy delivering to plan
Bookings, TTV, Revenue, EBITDA all ahead of pre-pandemic levels
EBITDA 22% ahead of pre-pandemic levels; EBITDA margins 49.5% (pre-pandemic:42.4%)
Webjet OTA: $43.4 million EBITDA
Flights market share up 59% since the pandemic began (1)
EBITDA margin 40.3% (pre-pandemic: 40.7%)
Return to pre-pandemic profitability will be driven by return of international airline capacity to 2019 levels
GoSee: $1.6 million EBITDA
$4.6 million EBITDA improvement over FY22; profitability continues to be impacted by lack of inbound tourism and supply chain issues impacting largest markets
Investing in people and technology to pursue growth
4
Travel Brands Update
WebBeds.
B2B Marketplace Serving the Global Travel Trade
5
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Disclaimer
Webjet Limited published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2023 23:35:11 UTC.
Webjet Limited is an Australia-based company that is engaged in the online sale of travel products, including flights and hotel rooms. The Company's business consists of a business-to-business (B2B) wholesale division, which includes WebBeds, and two retail business-to-business (B2C) businesses, which includes Webjet OTA and GoSee. WebBeds is a B2B travel intermediary (bedbank) providing online fulfillment of hotel room bookings for its travel industry customers via its proprietary application programming interface (API) and online booking platforms. Webjet OTA is an online travel agency (OTA) that operates in Australia and New Zealand. Webjet OTA is engaged in delivering retail travel solutions that allow customers to compare, combine and book domestic and international travel flight deals, hotel accommodation packages, travel insurance and car hire worldwide. GoSee is an online travel retailer specializing in global bookings of rental cars and motorhomes.
WEBJET LIMITED 
