Investor Presentaiton
Webjet Limited
FY23 reflects
recovery in
Group activity
and increased
compliance
costs.
1)
B2C is Webjet OTA and GoSee combined
FY23 - Corporate costs.
EBITDA (A$)
1H23
2H23
FY23
CY19
Change
FY22
B2B EBITDA
$63.7m
$53.4m
$117.1m
$96.3m
ā 22%
($4.6m)
B2C EBITDA (1)
$22.0m
$23.0m
$45.0m
$74.1m
39%
$6.4m
Technology Investments
($2.5m)
($1.9m)
($4.4m)
nm
($1.2m)
Corporate costs
($10.7m)
($12.2m)
($22.9m)
($12.7m)
ā 81%
($15.6m)
Total EBITDA
$72.5m
$62.3m
$134.8m
$157.8m
15%
($15.0m)
Corporate costs reflect recovery in group activity and increased compliance costs
-
-
FY23 increase reflects recovery in group activity after years of low volumes.
Current year includes STIs for the first time in 3 years, as well as increased investment in group technology and security.
Compliance costs continue to increase primarily due to materially higher insurance premiums as well as material increases in audit.
FY24 costs expected to be c. $25 million. Going forward expected to grow at CPI.
Technology investments shows consolidation of P&L performance of Trip Ninja and investment in ROOMDEX.
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