Bookings for WebBeds were close to 20% higher for the H1 period, fuelled by growth across all regions, but especially gains made in the Americas.
An impressive 22% rise in TTV to $3.17 billion was also recorded, alongside a 20% increase in revenue to $204.8 million and a 21% spike in EBITDA to $94m.
However, while there was plenty to cheer about for shareholders, the key metric of statutory net profit after tax showed a decline from $37.5 million to $26.9 million compared to H1 last year.
Eating away at the bottom line were several costs that rose moderately, including the expenses column growing by around $18 million to $110.6 million, as well as corporate overheads drifting upwards by close to $5 million.
Reflecting on the latest results, Managing Director John Guscic said the business continued to build out its global marketplace to deliver profitable growth.
“WebBeds is a highly scalable business, and we are maintaining market leading TTV growth rates without any margin decline and the investment we have made in contracting staff is expected to have meaningful impact to results in FY27,” Guscic said.
The start of H2 has showed a favourable TTV trend, up 23% on the same period last year.
