Web Travel Group Limited · ASX:WEB
Web Travel — Shareholder Meeting (August 2023)
16 slides from Web Travel's shareholder meeting presentation, Aug 31, 2023
Slide 1: AGM Managing Director's Presentation
AGM Managing Director’s Presentation. 31 August 2023 Attached for release is a copy of the Managing Director’s presentation to be made at today’s Webjet Limited Annual General Meeting. Authorised for release by the Board of Directors. For more information: Carolyn Mole Investor Relations Ph: +61 3 9
Slide 2: Managing Director's Presentation FY23 AGM
Managing Director’s Presentation FY23 AGM. 31 August 2023 1
Slide 3: FY23 - Highlights
FY23 - Highlights. Organic growth EBITDA Strong cash balance Bookings drives record $134.8m $514m 16% Bookings and $150 million turnaround from FY22 Total cash post repayment of $86m Group bookings ahead of pre-pandemic levels TTV. bank debt WebBeds: $117.1 million EBITDA • Transformation strategy d
Slide 4: FY23 - Key Metrics
FY23 - Key Metrics. Group Bookings Bookings TTV Revenue EBITDA and TTV above 7.36m $4.35bn $364.4m $134.8m pre-pandemic (AUD) (AUD) (AUD) levels for full year. 3
Slide 5: 2H23 - Key Metrics
2H23 2H23 - Key Metrics. Bookings TTV 2H23 Revenue EBITDA Group Bookings, 3.92m $2.20bn $188.7m $62.3m TTV, Revenue (AUD) (AUD) (AUD) and EBITDA all ahead of pre- pandemic levels driven by WebBeds. • WebBeds: Ahead of pre-pandemic levels on all metrics in 2H23 • Webjet OTA: 2H23 TTV at pre-pandemic
Slide 6: WebBeds
Travel Brands Update WebBeds. B2B marketplace serving the global travel trade. 5
Slide 7: FY23 - Trading
FY23 - Trading. Outperformed • Momentum continued to accelerate. Significant organic growth and new client wins Bookings - % of Pre-Covid (1) the market with ̵ North America: Maturing Merchant of Record strong organic solution drove spike in 4Q23 bookings; more than 50% TTV came from new clients; ma
Slide 8: We have transformed WebBeds
We have transformed WebBeds. Transformation Initiatives & Focus Delivery Strategy is • Expanded domestic offerings in all regions delivering • • Increased North American market penetration – TTV now 3x pre-pandemic Serving new markets – B2C, Merchant of Record to plan. Rethinking How We Do Business
Slide 9: Webjet OTA
Travel Brands Update Webjet OTA. The #1 OTA in Australia & New Zealand. 8
Slide 10: FY23 - Trading
FY23 - Trading. Strong rebound • Flight bookings continued to remain muted − Significant demand but airline capacity yet to return to Domestic Flight Bookings - % of Pre-Covid (1) in international. pre-pandemic levels − Ticket pricing continued to be significantly higher than pre-pandemic levels, im
Slide 11: Significant international runway
Significant international runway. Brand strength • Extended our lead as the #1 OTA - significant market share gains since the pandemic began Webjet OTA Average Market Share outperformed • Significant international runway to deliver market Across GDS Bookings – Australia Travel Agency Offline & Onlin
Slide 12: GoSee
Travel Brands Update GoSee. A leading online global motorhome & car rental website. 11
Slide 13: FY23 - GoSee
FY23 - GoSee. EBITDA • Bookings, TTV and Revenue all up significantly O u r s t r a t e g ic p r io r it ie s continued to over FY22 but remained below pre-pandemic levels reflecting lack of inbound tourism into largest improve despite markets of Australia and New Zealand, as well as lack of supply
Slide 14: FY24 Outlook
Group update FY24 Outlook. 13
Slide 15: FY24 Outlook
FY24 Outlook. Strong start to FY24 continues. As at 27th August 2023, TTV is As at 27th August 2023, TTV is As at 27th August 2023, TTV is up more than 30%(1) (more up more than 20% and flat and Bookings are up than 40% AUD) and Bookings are up more more than 10% compared to Bookings are up more tha
Slide 16: Thank you
webjet limited Thank you