Key points
- FY26 saw a 21% growth in TTV with improved margins
- AI initiatives driving significant operational efficiencies and revenue growth
- WebBeds infrastructure remains crucial in an evolving AI landscape
- FY27 outlook positive with expected EBITDA growth exceeding revenue growth
- Capital management announcement of $90 million buyback
Full summary
WEB Travel Group's AGM presentation by the Managing Director detailed the company's performance in FY26, showcasing a 21% growth in Total Transaction Value (TTV) with improved margins. The company emphasized the role of AI in driving operational efficiencies and revenue growth. WebBeds' infrastructure was highlighted as crucial in the evolving AI landscape. The presentation also provided a positive outlook for FY27, with expected EBITDA growth exceeding revenue growth. Additionally, the company announced a $90 million buyback as part of its capital management strategy.
Guidance
FY27 1H EBITDA: $85 to $89 million, FY27 TTV Margin: at least 6.7%, FY27 Revenue growth: 14-16% on 1H26
Outlook
Positive outlook for FY27 with expected EBITDA growth exceeding revenue growth. Continued strong performance expected in the Americas, Europe, MEA, and APAC regions.