Media Release
Quarter To 31 March 2005 - Market Guidance
1st April 2005
Webjet today announced gross transaction values for March of $8.0m (approx) compared with $1.9m last year. An increase of over 400%.
Gross transaction values for the three quarters to 31 March 2005 compared with last year are:
| September quarter | December quarter | Half year | March quarter | 9 months to 31 March | |
|---|---|---|---|---|---|
| This year 04/05 | 12.0 M | 17.6 M | 29.6 M | 23.5 M | 53.1 M |
| Last year 03/04 | 5.4 M | 4.2 M | 9.6 M | 5.1 M | 14.7 M |
We expect profits (before amortisation and depreciation) for the quarter to fall in the range of $500,000 to $550,000 and, on a quarter by quarter basis:
| September quarter 04 | December quarter 04 | December half year | March quarter 05 | 9 months to 31 March |
|---|---|---|---|---|
| 90,000 | 340,000 | 430,000 | 500-550,000 | 930,000-990,000 |
(Quarterly profit before amortisation and depreciation – unaudited)
Cash flow is positive and full details will be provided in our 4c filing in April. Cash on hand as at 31 March 2005 totals approximately $3 million.
We consider the result to be extremely encouraging but do not consider it prudent to make any further forecast at this time.