Helloworld Travel Ltd · ASX:HLO
Helloworld Travel — H1 FY24 Earnings Presentation
15 slides from Helloworld Travel's earnings presentation, Mar 26, 2024
Slide 1: HLO Investor Presentation
For personal use only HLO Investor Presentation Tu e s d ay 2 6 M a rc h 2 0 2 4 Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024
Slide 2: 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 3: Agenda
For personal use only Agenda Business Overview Retail Networks Express Travel Group Financials Outlook & Indicators Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024 – page 3
Slide 4: Presenters
For personal use only Presenters Andrew Burnes, AO Mike Smith Chief Executive Officer & Chief Financial Officer Managing Director Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024 – page 4
Slide 5: Business Overview
Business Overview For personal use only Retail Air Consolidation Wholesale Inbound Transport Network of 1,800 retail Air Tickets; our airfare Brands including Viva Specialist brands Entertainment Logistix travel agents and 600 distribution and Holidays, GO Holidays, servicing inbound is Australia’s
Slide 6: Retail Networks
Retail Networks For personal use only Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024 – page 6
Slide 7: Express Travel Group
Express Travel Group For personal use only • $70m acquisition of 100% of Express Travel Group completed on 11 August 2023 • Integration of Express Travel Group (ETG) now finalised, efficiencies achieved across both businesses • For the full 6 months (1 Jul 2023 to 31 Dec 2023), ETG’s revenue was $20
Slide 8: H1 FY24 Financial Highlights
H1 FY24 Financial Highlights For personal use only Underlying Underlying TTV Revenue EBITDA EBITDA up 82.3% up 53.4% up 117.7% margin to $2.20b to $112.3m to $34.0m of 30.3% Earnings per Interim PAT share dividend up 902.9% 10.1 c 5 cents to $16.0m up 1022.2% per share Helloworld Travel Limited – 1H
Slide 9: TTV increased 82% to $2.2 billion in 1H FY24
TTV increased 82% to $2.2 billion in 1H FY24 Total Transaction Value ($000's) For personal use only $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY23 FY24 $560,960 $647,108 $596,248 $764,550 $1,232,236 $96
Slide 10: Group Results
Group Results 1H FY24 1H FY23 Change $000’s $000’s % • Continued strong growth in TTV (up 82% on pcp) • Decline in the revenue margin attributable to lower For personal use only Total Transaction Value (TTV) $2,202,079 $1,208,068 82.3% Revenue from contracts with customers $108,165 $71,295 51.7% Exp
Slide 11: Cash Flow
Cash Flow 1H FY24 1H FY23 $000’s $000’s • Operating cash flow impacted by 1H cash Receipts from customers $1,770,920 $609,427 generation being seasonally lower than 2H and For personal use only Payments to suppliers & employees ($1,760,653) ($629,147) continued working capital growth as business Int
Slide 12: Balance Sheet
Balance Sheet 31 Dec 2023 30 Jun 2023 $000’s $000’s • ETG included in 31 Dec balances Cash $134,860 $160,888 • For personal use only Trade and other receivables $47,139 $42,744 Strong liquidity position with significant cash reserves Accrued revenue $44,577 $29,311 and no bank debt Other current ass
Slide 13: Outlook & Indicators
Outlook & Indicators • International and domestic travel has returned and growth in demand for leisure travel continues as travellers book more complex travel with longer lead times and higher average per For personal use only person spend. Continuing to fuel the importance and value of the trusted
Slide 14: Summary
Summary For personal use only Strong Continuing Continued Strong Results Demand Productivity Liquidity Improvement Position Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024 – page 14
Slide 15: Thank you
For personal use only Helloworld Travel Limited – 1H24 Investor Presentation HLO Investor Presentation March 2024 – Thank you.