Media Release

Market Guidance Half Year Results 31 December 2006 - 4D Filing - Net Profit after Tax up 50%

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29th January 2007

Webjet today announced

  • Net profit before tax $1.946m
  • Net profit after tax $1.489m
  • Net positive cash flow $2.581m
  • Total transaction values $116.9m

Commenting Webjet Managing Director David Clarke said,

“We are extremely pleased with the results which continue to reflect a strong and controlled market growth and note the following comparative data:

  • Net profit after tax has increased 50% compared with last year (6 months to Dec 05 $991,000, 6 months Dec 06 $1,489,000)
  • Shareholder equity has increased to $28.4m compared with $8.5m (approx) as at December last year.
  • Total transaction values reached $116.9m for the 6 months to December 2006 compared with $76.9m for the 6 months to December 2005, which reflects Webjet’s continued market share growth propelled by a substantially more aggressive marketing campaign as foreshadowed in last year’s annual report. Subsequent to balance date, we are pleased to note that all current indicators relating to site traffic, market share and TTV are very strong.

Whilst the start of 2007 is very strong no further forecasts are made at this time.”

Webjet's ASX code is WEB

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