Web Travel Group Limited · ASX:WEB
Web Travel — Shareholder Meeting (August 2025)
15 slides from Web Travel's shareholder meeting presentation, Aug 26, 2025
Slide 1: Managing Director's Presentation 2025 AGM
Managing Director’s Presentation. 2025 AGM 1
Slide 2: FY25 - Group summary
FY25 - Group summary. TTV Revenue EBITDA Underlying EBITDA Underlying NPAT 31 Mar 25 Cash WebBeds TTV up 22%, $4.9bn $328.4m $138.8m $120.6m $79.2m $363.6m (FY24 $4.0bn) (FY24 $326.0m) (FY24 $160.8m) (FY24 $139.1m) (FY24 $101.1m) (FY24 $529.7m) lower TTV margins • TTV up 22% (23%1) on pcp; deliverin
Slide 3: WebBeds
WebBeds. Global B2B travel marketplace servicing the travel trade. 3
Slide 4: WebBeds - FY25 key metrics
WebBeds - FY25 key metrics. Bookings TTV Revenue EBITDA 8.4 $4.9 $328.4 $138.8 million billion million million 20% growth driven by strong 22% (23%1) increase reflects Revenue +1% driven by Reflecting flat Revenue offset by performance across all regions Bookings growth and 2% ABV increase customer
Slide 5: Pillars of Growth are driving TTV
Pillars of Growth are driving TTV. 01 02 03 Growing Our New Customers, Conversion. Existing Portfolio. Supply & Markets. Network effect Underlying market growth Growing Point of Sale (POS) product Increased volume from conversion initiatives helping deliver slowed vs FY24 and customer wins in Asia P
Slide 6: TTV margins have stabilised
TTV margins have stabilised. Company-driven factors have been addressed. Renewed focus. Customer financial We have reviewed override agreements and processes, We are investing in directly contracted inventory Supply incentive agreements and they are structured appropriately to deliver profitable in
Slide 7: TTV is nearly double pre-Covid levels
TTV is nearly double pre-Covid levels. WebBeds is now a globally diversified business. Bookings Split – CY19 vs FY25 • Europe remains the largest region but Asia Pacific and Americas now account for 53% TTV (up from 31% pre pandemic). MEA now materially lower in line with tighter trading policies •
Slide 8: We are investing further in supply
We are investing further in supply. We are investing in directly contracted inventory… Our multi-supply aggregation strategy is a key driver of our global growth • Our mix of directly contracted, global chain and third-party inventory provides significant depth and breadth of offering • Significant
Slide 9: Our focus for the next chapter
Our focus for the next chapter. We have a large addressable market. Targeting $10bn TTV by FY30. WebBeds continues to take share from regional and We are well on our way fragmented smaller B2B providers We are committed to delivering Delivered at $10bn TTV c.50% in FY30 at EBITDA Margins c.50% EBITD
Slide 10: 1H26 trading update & FY26 Outlook
1H26 trading update & FY26 Outlook. 10
Slide 11: Financial outlook statements made during FY25 results presentation remain unchanged
Financial outlook statements made during FY25 results presentation remain unchanged. (EUR functional currency) As at 1H26 (A$) As at 1H26 FY26 TTV margins of at least 6.5% No change FY26 Corporate costs to be c. $24 million No change No change 1H26 TTV margins to be lower than 2H26 FY26 D&A (excludi
Slide 12: We continue to outperform our peers…
We continue to outperform our peers… Expected 1H26 TTV by WebBeds (EUR). Americas Europe Mid 20% Low teens (%) 1 1H26 TTV by region Mid teens (%) 1 Asia Pacific MEA Low teens (%) Flat Late 1Q26 saw a material increase in cancellations globally for a two-week period, due to the Israel-Iran conflict.
Slide 13: On track for a record FY26…
On track for a record FY26… Global trading outlook for 1H26 compared to the same period last year. 1H26 TTV Bookings FY26 EBITDA On track to be Mid to Targeting at least $3.1 bn high teens (%) record EBITDA (1H25: $2.6bn) 1H26 TTV margins will be less than 6.5%, reflecting exclusion of DMC business
Slide 14: Thank you
A further trading update will be provided at the 1H26 results briefing on 25 November 2025. All event information can be found on the Calendar page of our Investor Centre website Thank you. 14
Slide 15: Glossary & abbreviations
Glossary & abbreviations. 1H25 6 months ending 30 September 2024 1H26 6 months ending 30 September 2025 FY23 12 months ending 31 March 2023 FY24 12 months ending 31 March 2024 FY25 12 months ending 31 March 2025 FY26 12 months ending 31 March 2026 FY30 12 months ending 31 March 2030 ABV Average Book