Web Travel Group LimitedASX: WEB

2025 AGM - Managing Directors Presentation

· Issued by Web Travel Group Limited
Watch Web Travel explain itWeb Travel Group Unsp/Adr (WEJTY) Q4 2026 Earnings Call · Replay · May 27

‌Managing Director's Presentation.

1

2025 AGM



FY25 - Group summary.



TTV

sG.Яbn

(FY24 $4.0bn)

Revenue

s328.Gm

(FY24 $326.0m)

EBITDA

sI38.8m

(FY24 $160.8m)

Underlying

EBITDA

sI20.6m

(FY24 $139.1m)

Underlying

ИPAT

sXЯ.2m

(FY24 $101.1m)

3I Mar 2S

WebBeds TTV up 22%,

lower TTV margins impacted Revenue & EBITDA.

Cach

s363.6m

(FY24 $529.7m)

  • TTV up 22% (23%1) on pcp; delivering nearly $5 billion TTV in FY25

  • Revenue up 1% on pcp reflecting lower TTV margins; FY25 TTV margins stabilised at 6.7%

  • EBITDA down 14% on pcp reflecting lower Revenue and higher costs (up c.15% on pcp in line with expectations)

  • Strong cash position post demerger

  • Corporate costs $18.2 million, in line with guidance

  • Proactive capital management initiatives; addressed 88% of potential dilution from Convertible Notes due April 2026

  1. Based on EUR functional currency

    • Refer to Glossary and abbreviations for the General disclaimer paragraph (slide )



    • Web Travel Group includes WebBeds and Corporate function

    • FY24 restated for AASB9 application resulting in reduction of revenue and EBITDA by $1.8m (increase of $3m in 1H24 and decrease of $1.2m in 2H24) 2

    • FY24 cash restated to reflect pro forma position

WebBeds.

3

Global B2B travel marketplace servicing the travel trade.



WebBeds - FY25 key metrics.

Bookingc

8.G

million



20% growth driven by strong performance across all regions

Key Metrics TTV, REVENUE, EBITDA shown in AUD

1. Based on EUR functional currency

TTV

sG.Я

billion



22% (23%1) increase reflects Bookings growth and 2% ABV increase

Revenue

s328.G

million



Revenue +1% driven by customer and geographic mix

EBITDA

sI38.8

million



Reflecting flat Revenue offset by increases in operating expenses



4

Pillars of Growth are driving TTV.

0I

02

03



Growing Our Exicting Portfolio.

Underlying market growth slowed vs FY24

Driving

c.S% (1)

TTV growth

(vs FY24 at c.7%)

Иew Cuctomerc, Supply & Marketc.

Growing Point of Sale (POS) product and customer wins in Asia Pacific and Europe

Driving

c.S% (1)

TTV growth

(vs FY24 at c.13%)

Convercion.

Network effect helping deliver above-market TTV growth.

Increased volume from conversion initiatives including increased rate plans and availability, improved API handling, and customised content delivery

Driving

c.I3% (1)

TTV growth

(vs FY24 at c.10%)



Note: TTV growth of 23% based on functional currency (EUR) 5

1. Market growth estimate based on travel market data compiled from listed travel company results reporting and management estimates.