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WEB Travel Group Limited (ASX:WEB)

ALERT: Price-sensitive ASX Announcement for WEB
Current share price for WEB : $3.460 1.08 (45.38%)+
Announcement
Release
27 May 2026 8:18AM
Price at Release
$2.380
Full Release
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Summary
The annual report for Web Travel Group Limited for the year ending 31 March 2026 outlines a strong financial performance with significant growth in key metrics. The group achieved a Total Transaction Value (TTV) of $5.8 billion, a 20% increase over the previous fiscal year, and an underlying revenue of $394.1 million, also a 20% increase. The underlying EBITDA increased by 23% to $148.4 million, and the underlying Net Profit After Tax (NPAT) rose by 8% to $85.9 million. The year marked the first full year of standalone costs post-demerger from Webjet Group Limited. The company's B2B business, WebBeds, showed considerable growth, with bookings up by 18% driven by organic growth in the Americas and Europe. The report also highlights the importance of maintaining liquidity and the potential for strategic acquisitions. A tax audit of the Spanish subsidiary is ongoing. Governance changes included new board members and a focus on sustainability, as shown in the release of an inaugural Sustainability Report in accordance with the Australian Sustainability Reporting Standard.
Key Points
  • Web Travel Group Limited reported a 20% increase in TTV to $5.8 billion.
  • Underlying revenue increased by 20% to $394.1 million.
  • Underlying EBITDA rose by 23% to $148.4 million.
  • Underlying NPAT was up 8% to $85.9 million.
  • First full year of standalone costs post-demerger from Webjet Group Limited.
  • WebBeds bookings increased by 18%, driven by growth in the Americas and Europe.
  • Ongoing tax audit of the Spanish subsidiary.
  • Inaugural Sustainability Report released.
  • New board members appointed focusing on strategic growth and governance.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.