FY26: Webjet Group progresses strategic priorities while declaring dividends above 100% of Underlying NPAT

Webjet Group Limited (ASX:WJL) (Webjet Group or Company) announces its financial results for the 12 months ended 31 March 2026 (FY26).

Webjet Group FY26 Underlying EBITDA $28.1 million; Statutory NPAT $3.7 million; net cash $93.9 million(1) providing significant liquidity and funding to support growth.

Highlights: delivering on strategic priorities despite a challenging macro environment and softer trading conditions, setting up for the future; significant investment in brand, talent and technology, growth in international and ancillaries share, launched Webjet Business Travel, turnaround delivered for Cars and Motorhomes, 4cps dividend.

Webjet Group Limited - FY26 Key metrics.

Balanced execution through dynamic and challenging macro conditions

• Underlying EBITDA $28.1 million, down from $35.0 million, reflecting softer trading and strategic investment, partially offset by higher-than-usual variable revenue items

• Significant turnaround in Cars & Motorhomes, delivering EBITDA of $4.3 million (FY25: $1.6 million)

• Maintained a strong balance sheet with net cash of $93.9 million (3), no borrowings and net assets of $138.4 million

Executing on our capital management plan, with shareholder returns underway

• Delivered FY26 total dividends of 4.0 cps, greater than 100% of underlying NPAT, maximising distribution of franking credits as they become available

• Commenced on-market share buy-back, with execution constrained by corporate activity & blackout periods

Progressing the Strategic Growth Plan through targeted, disciplined investment

• Relaunch of Webjet OTA brand, supported by a refreshed creative and marketing platform

• Optimisation of Webjet OTA product & pricing proposition, supporting growth in international flight bookings

• Acquisition of Locomote and subsequent relaunch as Webjet Business Travel accelerating business travel pillar. Expected to deliver meaningful TTV and EBITDA growth over medium term

• Strengthened organisational capability with targeted investment in talent & technology platforms including AI

• Upgrading of Webjet OTA marketing technology to drive multi-channel communications

Commenting on the FY26 results, Katrina Barry, Webjet Group’s CEO and Managing Director, stated:

“In FY26 we maintained financial discipline and progressed our Strategic Growth Plan amid a volatile and at times challenging operating environment. We have acted on our priorities and laid the groundwork for the next phase of growth. Pleasingly, we have announced a final FY26 dividend of 2 cents per share bringing total FY26 dividends to 4 cents per share. This represents a payout well above 100% of Underlying NPAT and delivers on our commitment to maximise the distribution of any available franking credits.

A significant milestone within the year was the refresh of the Webjet brand. Our “Go Somewhere” campaign is delivering encouraging early results – lifting brand awareness, increasing new visitors to site, improving the efficiency of our performance marketing channels, and strengthening customer engagement. Over time, and with continued investment in brand marketing, we expect these initiatives to support stronger booking growth and further deepen customer connection with the brand.

With the acquisition of Locomote – rebranded Webjet Business Travel – we now have a best-in-class, seamless, digitally led business travel solution. This accelerated our business travel strategy by approximately three years.

Technology – and increasingly AI – sits at the centre of our business. We are embedding AI across product development, engineering, customer experience and operations, targeted at delivering faster development cycles, better customer outcomes, and more efficient operations.

Looking forward, we expect the macro conditions to remain fluid and challenging, due to ongoing geopolitical conflicts, inflationary pressures and a changing commercial environment, in particular with airlines. We continue to see leisure travel in Australia constrained by elevated airfares and low consumer confidence and leisure travel internationally flowing toward shorter-haul Asia and Pacific destinations. Business travel demand is moderating following relative resilience in the financial year, while our Cars & Motorhomes business is positioned to benefit from a more global footprint. In this environment, Webjet Group is continuing to adopt a cautious and disciplined approach, with a focus on cost control and operational efficiency, increased use of automation and AI, and preservation of balance sheet strength and liquidity.

Our strategic priorities remain unchanged, and we will take a disciplined approach to execution and timing of capital deployment. The timing to reach our TTV target is under review in light of the prevailing market conditions.”

This announcement has been approved for release to the ASX by the Board of Directors.

Investors:
Contact Janet Payne
investor@webjetgroup.com

Media:
contact media@webjetgroup.com

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