HLO Half Year 2025 Investor Presentation

• TTV at $2.1b due to lower customer numbers and changes in destination mix
• Underlying EBITDA margin of 26.2% vs 30.3% in pcp
• Interim dividend of 8.0 cents per share, up 60% vs pcp

Helloworld Travel Ltd reported its 1H FY25 results, with TTV of $2.1 billion, down 6.9% compared to the prior corresponding period (pcp). This was due to marginally lower customer numbers, changes in destination mix from higher spending long-haul trips to more mid-haul destinations, and lower airfares. The company maintained its overall revenue margin at 4.9% compared to the pcp. Underlying EBITDA was $27.2 million, down 20.2% vs pcp, with the Underlying EBITDA margin at 26.2% compared to 30.3% in the pcp. Profit after tax was $10.8 million, down 32.4% vs pcp, and earnings per share was 7.1 cents, down 29.7% vs pcp. The company declared an interim dividend of 8.0 cents per share, fully franked, up 60% compared to the pcp. The company's cash flow and balance sheet remain strong, with significant cash reserves and no bank debt. Helloworld continued to invest in its retail, wholesale, cruise, and inbound businesses, as well as in technology and automation, to drive future growth. The company also launched a new business division, 'My Way Travel & Events', focused on the sporting and live events industries. Looking ahead, Helloworld is forecasting a full-year Underlying EBITDA of between $56 million and $62 million and is committed to ongoing investment in people, technology, and infrastructure to maintain its position at the forefront of the industry.

Helloworld is forecasting a full year Underlying EBITDA of between $56m and $62m for the 2025 financial year.

Management is focused on medium to long-term value creation, investing to strengthen agent and advisor networks, targeting earnings-accretive core business acquisitions, leveraging AI to improve productivity and efficiency, and benefiting from Australian and New Zealand economic growth. The company is committed to ongoing investment in people, technology, and infrastructure, and is exploring potential complementary business acquisitions.