Media Release
4C Filing Commitment Test - Quarter Ended 30 June 2005 - Market Briefing
15th July 2005
Webjet records strong cash flow for June quarter and announces
12 month profit* of $1.7 to $1.9 million
Webjet, Australia's multi award winning online travel service, today announced:
- Strong positive net operating cash flow of $594,000 for the quarter ended 30 June 2005.
- A net increase in cash for the quarter of $427,000.
- Total cash on hand as at 30 June 2005 of $3.54 million.
And as a matter of market guidance, and subject to audit,* a profit for the 12 months to 30 June 2005 in the band of $1.7 to $1.9 million before amortisation and depreciation, and $1.3 to $1.5 million after amortisation and depreciation.
July 2005 trading has started very strongly with the first two weeks sales totalling $5.3 million (compared with $9.3 million for the full month of June), indicating an average daily increase of approx 22% or $310,000 to $380,000 however, as the market has been stimulated by a range of airline driven sales, which may not continue through the month, no further forecasts are made at this time.