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WEB Travel Group Limited (ASX:WEB)

ALERT: Price-sensitive ASX Announcement for WEB
Current share price for WEB : $2.490 0.11 (4.62%)+
Announcement
Release
27 May 2026 8:18AM
Price at Release
$2.380
Full Release
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Summary
Web Travel Group Limited reported substantial growth and financial performance for the year ending 31 March 2026, highlighted by a 20% increase in Total Transaction Value (TTV) driven by significant organic growth in the Americas and Europe. The company achieved improved TTV margins and increased EBITDA by 24%, reflecting its robust business model and market-leading position. Despite challenges from geopolitical conflicts affecting certain regions, the company maintained strong liquidity and cash flow, positioning itself for continued growth in a dynamic global market.
Key Points
  • Web Travel Group Limited announced its financial results for the fiscal year ending 31 March 2026.
  • The company achieved a market-leading Total Transaction Value (TTV) growth of 20% compared to FY25.
  • TTV margins improved to 6.8% in FY26, up from 6.7% in FY25.
  • Bookings in the Americas and Europe regions increased by 41% and 19%, respectively.
  • WebBeds' EBITDA increased by 24% to $172.7 million, with an EBITDA margin of 43.8%.
  • The company's free cash flow from operations totaled $132.4 million, with a cash conversion rate of 107%.
  • Pro forma liquidity post-Convertible Note redemption was approximately $500 million.
  • The FY26 results reflect the performance of the WebBeds B2B travel distribution business.
  • The geopolitical conflict in the Middle East affected bookings and TTV in APAC and MEA regions.
  • Despite uncertainties, the company maintains a strong liquidity position and is poised for future growth opportunities.
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.