HOSTELWORLD GROUP PLC (HSW) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the HOSTELWORLD PLC Interim Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Just please simply type in your questions at any time and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company review your questions submitted today and publish responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll, and if you could give that to your kind attention, I'm sure the company would be most grateful. And now I'd to hand over to Gary Morrison, CEO. Good morning. Good morning, everyone. Thank you for joining us. I'm joined here by Caroline Sherry, our CFO. I'm Gary Gary Morrison, the CEO. And it gives us great pleasure to talk about our first half results this year. You know, absolutely fantastic growth, lots of interesting things around our social features, and we'll talk a little bit about some of our future aspirations. So with that said, I will take the usual disclaimers as read and go straight into our highlights. So from a financials perspective, we had record breaking first half GMV of 340,000,000 this first half year, and also generated revenue, which is 51,500,000. The 45.8 is the revenue that we record in our p and l. Some of that revenue, we defer because we have a free cancellation product. Caroline will walk you through. But just from a sheer generated revenue, net GMV, we've had the biggest half year on record. So obviously, immensely proud. That revenue was generated across 3,400,000 net bookings, which is up 64...