May 21, 2024 / 11:00PM GMT
John Guscic - Webjet Ltd - Managing Director, Executive Director
Don't stop me now. I'm having such a good time. I'm having a ball. Good morning. Welcome to the Webjet Limited FY24 results. Joining me today is our CFO, Tony Ristevski. Let's get stuck into it.
So, as we see on slide 3, key metrics are all at record levels, materially ahead of FY23, and obviously, ahead of pre-pandemic numbers. Bookings are up to -- up 21% to 8.7 million. TTV is up 29% on last year to $5.6 billion. Revenue up 29% to $471.5 million and most importantly, EBITDA up 40% to $188.1 million.
Let's go through the key divisions and look at the highlights. The most important thing that these results encapsulate are the revised strategies of the business over the last three years and we're seeing a significant outperformance against the market for all of our business units. And let's go through them individually.
WebBeds, the B2B wholesaling business is up 39% on FY23, 27% on a functional currency basis with a result of $162.4 million, Obviously, all key metrics are up significantly ahead of FY23, and we
Full Year 2024 Webjet Ltd Earnings Call Transcript
May 22, 2024
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