Webjet Group Ltd (WJLTF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Well, thank you, operator, and good morning, everybody, and thank you for your time today. Joining me is Leighton Shanoff, our group CFO, and today we're delighted to be able to talk you through our FY25 results for the Webjet Group. Firstly, as while many of you are aware of our demerger last year, I just want to take a moment to reinforce the key details. So Webjet Group emerged from the larger listed entity, Webjet Limited, now known today as Web Travel Group, on the 30th of September last year. And Webjet Group, that's us, became a separately listed entity in its own right on the 1st of October, 2024. And today we're about to present our first full year results as a standalone company. But before that, I'd like to address the recent corporate activity and lots of conversations surrounding the company. We've engaged with all our substantial shareholders on this matter and have responded to the ASX accordingly. And while I have no further comment on this matter, I would like to reinforce this. We have a very high conviction in our new strategy and our five-year growth plan. And our focus as a business remains firmly on that, on executing that strategy to deliver long-term value for both our customers and our shareholders. So with that said, let's get to the numbers. So I'm on page four. We are very pleased to deliver a solid result in line with our FY24 expectations, and this despite a very challenging consumer environment. We think this is a very good outcome in this market, and I think it reflects the dedication of our team and our ability to stay focused while navigating significant change, including the recent demerger. The key numbers are laid out here for you. So on the left-hand side, EBITDA of $39.4 million, cash of $118 million, and this is a significant a...