Slide 1: Investor Presentation for the full year ended 30 June 2022
30 August 2022 The Manager Markets Announcement Office ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam, Helloworld Travel Limited Investor Presentation for the full year ended 30 June 2022 Further to the Company’s announcement to the market today on the financial results for the
Slide 2: Helloworld Travel Limited and Controlled Entities, Year Ended 30 June 2022
HELLOWORLD TRAVEL LIMITED AND CONTROLLED ENTITIES YEAR ENDED 30 JUNE 2022 ANDREW BURNES, AO – CEO MICHAEL SMITH – CFO
Slide 3: Disclaimer
Disclaimer The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitation or recommendation with respect to shares or securities in any jurisdiction. No representation or warranty, express or implied, is made as to the fairne
Slide 4: Our travel operations
Our travel operations • Retail and business travel agency networks • Leisure travel wholesaling • Inbound tour operating • Air ticket consolidation • Online B2C • Tour operating • Event freight services 3 3
Slide 5: Highlights from FY22
Highlights from FY22 • Full year statutory profit after tax of $90 million. • Dividend declared of 10 cents per share, fully franked, to be paid 23 September 2022. • Return to operational profitability in Q4 2022. • Strong balance sheet with $89.1 million of unrestricted cash, 3.5 million Corporate
Slide 6: Performance highlights
Performance highlights • TTV on continuing operations was approximately 20% of pre-COVID levels for the year, moving up to 30% of 2019 levels in Q4. • Statutory profit after tax of $90 million. • EBITDA loss from continuing operations of $10.6 million (compared to a $24.5m EBITDA loss in FY21). • Re
Slide 7: TTV increased 140% YoY to $1,077 million
TTV increased 140% YoY to $1,077 million $124,102 $266,367 $238,809 $448,012 6
Slide 8: Group results
Group results FY22 FY21 Change FY22 notes $000’S $000’S % Total Transaction Value (TTV) 1,077,289 448,833 140.0 (1) TTV growth from continuing Revenue from contracts with customers 63,534 39,659 60.2 operations of 140%. Revenue margin % 5.9% 8.8% (2) Revenue margin impacted by Other income 5,736 17,
Slide 9: Cash flow
Cash flow FY22 FY21 FY22 notes $000’s $000’s (1) Tax refund received in Australia Continuing operations 5,523 (18,470) during FY22 for $7.7m relating to Discontinued operations 3,897 4,931 carry back tax losses. Net cash from/(used in) operating activities 9,420 (13,539) (2) Cash proceeds (net of co
Slide 10: Travel recovered strongly in Q4
Travel recovered strongly in Q4 • During Q2 of FY22, fully vaccinated Australians commenced travelling overseas again. • Australia welcomed international tourists in Q3 of FY22 and the Western Australian border restriction was removed. • New Zealand borders opened to Australians in April 2022 and ha
Slide 11: Outlook for FY23
Outlook for FY23 • We forecast a return to profitability in FY23, following a profit in Q4 of FY22. • EBITDA profit expected to be $22-$26 million for FY23, subject to no materially adverse impacts on our business and the continued recovery from the pandemic. • Based on booking levels across the fir
Slide 12: Network members
Network members Helloworld’s agent networks show steadfast resilience and maintain a strong presence for expected travel demand 2,396 31 March 2020 | 2,064 at 30 June 2022 | (-14%) • Retail agencies in Helloworld’s networks have got through the pandemic with a strong presence and have responded well
Slide 13: Delivering new technology solutions
Delivering new technology solutions • Wholesale delivered its new platform “Mango”, our own front-end portal that operates off Tourplan NX. Mango was rolled out across our wholesale operations in October 2021, providing greater functionality, ease of loading and a wider array of product for all reta
Slide 14: Business focus: Leisure Wholesale Businesses
Business focus Helloworld’s Leisure Wholesale Businesses • Viva and Go Holidays booking portal, Mango, went live in late 2021, delivering enhanced operability and a superior range of products and experiences. • ReadyRooms relaunched to our agents in March 2022 on its new platform and continues to en
Slide 15: Business focus: Air Tickets – Ticket Consolidation
Business focus Air Tickets – Ticket Consolidation • Air Ticket consolidation business volumes are beginning to meet and exceed the pre COVID-19 levels. • Superior technology investment enables over 96% of tickets to be issued automatically. • Over 10,000 tickets a day currently issued by Air Tickets
Slide 16: Segment results - Australia
Segment results - Australia FY22 FY21 Change Continuing operations $m $m % Total Transaction Value (TTV) 960.3 373.6 157 Revenue and other income 62.3 53.5 16 Revenue margin % (1) 6.0% 9.9% EBITDA loss (8.1) (18.1) 55 EBITDA margin % (12.9%) (33.7%) (1) Revenue margin does not include other income •
Slide 17: Segment results – New Zealand
Segment results – New Zealand FY22 FY21 Change Continuing operations $m $m % Total Transaction Value (TTV) 115.3 75.2 53 Revenue and other income 6.0 3.9 57 Revenue margin % (1) 4.3% 3.4% EBITDA loss (2.6) (5.9) 56 EBITDA margin % (43.4%) (153.6%) (1) Revenue margin does not include other income • T
Slide 18: Segment results – Rest of World
Segment results – Rest of World FY22 FY21 Change Continuing operations $m $m % Total Transaction Value (TTV) 1.7 0.0 na Revenue and other income 1.0 0.1 na Revenue margin % (1) na na na EBITDA loss 0.0 (0.5) na EBITDA margin % na na na (1) Revenue margin does not include other income • Starting to s
Slide 19: Appendix
Appendix Helloworld Travel Limited Investor Presentation FY22
Slide 20: Company background information
Company background information A$1.69 A$262.0 mill. 155.0 mill. A$122.5 mill. Cash Share price Market capitalisation Shares on issue A$0.0 Debt at 30 June 2022 at 30 June 2022 Board and Management Team Non-Executive Director and Chairman - Garry Hounsell Garry was appointed to the Board as Chairman
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