• TTV up 22%, delivering nearly $5 billion TTV in FY25
• Revenue up 1% on pcp reflecting lower TTV margins
• EBITDA down 14% on pcp reflecting lower Revenue and higher costs

WEB Travel Group Limited reported its FY25 results, with the key highlights being a 22% increase in TTV to nearly $5 billion, a 1% increase in revenue reflecting lower TTV margins, and a 14% decrease in EBITDA due to higher expenses. The company has completed the demerger from Webjet Group Limited, with the B2C businesses now operating as a separate entity. WebBeds, the B2B business, saw a 20% increase in bookings and a 22% increase in TTV, driven by strong performance across all regions. However, revenue only increased by 1% due to lower TTV margins, which stabilized at 6.7% in the second half. Expenses increased by 15%, reflecting investment in hotel contracting headcount and technology.The company is focused on three key pillars of growth - growing its existing portfolio, acquiring new customers and expanding into new markets, and improving conversion rates. It is also investing in directly contracted inventory, particularly in the Asia Pacific and Americas regions, to optimize its supply mix and maintain TTV margins.Looking ahead, the company is targeting $10 billion in TTV by FY30 at around 50% EBITDA margins. It has outlined several strategic priorities to support this growth, including technology-led transformation, enhancing its customer service, and empowering its people.

The company is targeting $10 billion in TTV by FY30 at around 50% EBITDA margins.