Media Release
Market Guidance - ¼ Ended 30th September 2005 - 4C Filing
11th October 2005
Webjet today announced:
• Net profit (unaudited) before amortization and depreciation $1.1 million
• Net profit (unaudited) of $950,000
• Total transaction value $39.5m v $11.9m last year
• Positive net operating cash flow of $1.3 million
Net profit as a % of total transaction values for the ¼ ended 30th September has increased to 2.4% compared with 1.8% last year, which provides clear demonstration of economy of scale and a successful transition to a lower domestic commission environment. The following graph illustrates this position:
Webjet Managing Director, David Clarke said:
“The quarter ended 30 September 2005 has produced what we consider an excellent result and provides a very solid start to the new financial year. Consistent with our policy, no forecasts are made at this time”.