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Webjet Group Limited (ASX:WJL)

ALERT: Price-sensitive ASX Announcement for WJL
Current share price for WJL : $0.395 -0.095 (-19.39%)+
Announcement
Release
20 May 2026 9:10AM
Price at Release
$0.490
Full Release
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Summary
Webjet Group Limited announced their FY26 results, highlighting a disciplined strategic growth plan despite challenging market conditions. The company experienced a 7% decrease in bookings but only a 3% drop in Total Transaction Value (TTV), driven by higher-value transactions and increased average booking values. The revenue increased slightly to $136.4 million, supported by variable revenue items. Webjet Business Travel showed progress with a $1.2 million contribution post-consolidation. The company maintained a strong balance sheet, with net cash of $93.9 million and no borrowings. Despite a decrease in underlying EBITDA to $28.1 million from $35.0 million, strategic investments in technology, talent, and marketing were highlighted. The report also noted a significant business turnaround for Cars & Motorhomes and the acquisition of Locomote, rebranded as Webjet Business Travel. The company declared total dividends of 4.0 cps, exceeding 100% of its underlying NPAT, and commenced a $25 million share buy-back. Looking forward, Webjet Group remains focused on cost control, operational efficiency, and strategic investments amid persistent geopolitical and economic challenges.
Key Points
  • Webjet Group reported a 7% decrease in bookings for FY26.
  • TTV declined by 3%, with higher-value transactions in 2H26.
  • Revenue increased slightly to $136.4 million.
  • Underlying EBITDA decreased to $28.1 million from $35.0 million.
  • Net cash reserves stood at $93.9 million, with no borrowings.
  • Webjet Business Travel contributed $1.2 million post-consolidation.
  • Significant turnaround in Cars & Motorhomes with $4.3 million EBITDA.
  • Acquisition of Locomote, rebranded as Webjet Business Travel.
  • Total dividends of 4.0 cps, above 100% of underlying NPAT.
  • Commencement of $25 million on-market share buy-back.
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.