Highlights

  • Webjet declared an interim FY26 dividend of 2.0 cents per share fully franked.
  • International flight bookings increased, with expanded hotels and packages offerings.
  • Cars & Motorhomes segment delivered higher EBITDA despite lower revenue.

Webjet Group Limited (ASX:WJL) reported 1H26 results reflecting ongoing operations in a challenging domestic leisure market. Total bookings for the period reached 724k, with total transaction value (TTV) of AUD 726m. Revenue was AUD 67.9m, while underlying EBITDA stood at AUD 14.4m, down 9% from the prior corresponding period (pcp) due to market conditions. Statutory NPAT increased 51% to AUD 6.2m.

The Group maintains a strong balance sheet, with net cash of AUD 111.9m, no borrowings, and net assets of AUD 150.2m. An inaugural FY26 interim dividend of 2.0 cents per share fully franked was declared, representing 100% of underlying NPAT, above the 40%-60% target payout ratio.

Webjet OTA Segment

The OTA business recorded 593k bookings with TTV of AUD 637m and revenue of AUD 58.3m. EBITDA was AUD 21.2m. Despite domestic bookings falling 10% due to elevated airfares, international bookings increased 4%, particularly in short-haul Asian destinations. Revenue per booking increased 8% to AUD 98. Expenses rose 7%, reflecting investment in talent and technology for FY30 Strategic Plan initiatives, including website upgrades and marketing platforms.

Trip Ninja’s AI-driven Mix & Match functionality continued to support long-haul international bookings, contributing to unique itineraries and pricing. Paid seat selection expanded to 30 airlines, with non-air ancillary revenue representing over 30% of total OTA revenue.

Cars & Motorhomes Segment

The Cars & Motorhomes segment delivered 131k bookings, TTV of AUD 89m, and revenue of AUD 9.4m. EBITDA rose to AUD 1.0m from AUD 0.2m in 1H25, reflecting product simplification and increased automation. Car bookings decreased 6%, and motorhome bookings decreased 9% due to softer inbound tourism and higher pricing. Expenses declined 13% through headcount and IT savings, partially offset by resumed marketing investment for international growth.

Self-service automation improved amendment and cancellation efficiencies, and new payment options such as ApplePay, GooglePay, and WeChat were implemented. AI functionality for imagery and emails is scheduled for 2H26 launch.

FY26 Outlook

For 2H26, Webjet expects underlying EBITDA in the range of AUD 30m–32m, excluding an estimated AUD 0.6–0.9m EBITDA loss from the Locomote acquisition. This assumes no further deterioration in trading conditions. Strategic marketing investment continues in support of the FY30 Strategic Plan, including the Webjet OTA brand relaunch and business travel initiatives.

Share Price Snapshot

WJL was trading 16.55% higher at AUD 0.88 per share as of 19 November 2025.