Buy Or Sell Opportunity • May 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to AU$0.43. The fair value is estimated to be AU$0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Board Change • May 13
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Group CEO, MD & Director Katrina Barry is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Major Estimate Revision • Nov 25
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from AU$0.044 to AU$0.037 per share. Revenue forecast steady at AU$136.2m. Net income forecast to grow 137% next year vs 38% growth forecast for Hospitality industry in Australia. Consensus price target down from AU$1.09 to AU$0.98. Share price rose 20% to AU$0.91 over the past week. New Risk • Nov 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 150% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Price Target Changed • Nov 14
Price target decreased by 7.7% to AU$1.01 Down from AU$1.09, the current price target is an average from 9 analysts. New target price is 28% above last closing price of AU$0.79. Stock is down 11% over the past year. The company is forecast to post earnings per share of AU$0.049 for next year compared to AU$0.013 last year. Annuncio • Nov 06
Webjet Group Limited (ASX:WJL) announces an Equity Buyback for $25 million worth of its shares. Webjet Group Limited (ASX:WJL) announces an share repurchase program. Under the program, the company will repurchases up to $25 million worth of its shares. The program is valid till November 20, 2026. As of November 5, 2025, the company had 392,530,357 shares issued. Annuncio • Nov 05
Webjet Group Limited to Report First Half, 2026 Results on Nov 19, 2025 Webjet Group Limited announced that they will report first half, 2026 results on Nov 19, 2025 Board Change • Sep 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Group CEO, MD & Director Katrina Barry is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Aug 22
Webjet Group Limited (ASX:WJL) agreed to acquire Locomote IP Pty Ltd. for AUD 23 million. Webjet Group Limited (ASX:WJL) agreed to acquire Locomote IP Pty Ltd. for AUD 23 million on August 22, 2025. An upfront cash consideration of AUD 17 million will be paid by Webjet Group Limited. Webjet Group Limited will pay an earnout/contingent payment of AUD 6 million cash, cubject to certain EBITDA targets being satisfied.
The expected completion of the transaction is in the second half of FY26, subject to satisfaction of customary closing conditions. Annuncio • Jun 26
Webjet Group Limited Announces Change of Company Secretary , Effective 26 June 2025 Webjet Group Limited announced the appointment of Ms Anshu Raghuvanshi of Acclime Corporate Services Australia Pty Ltd. as Company Secretary, effective 26 June 2025. The company advises that Ms Meaghan Simpson has ceased in the role as Company Secretary effective 26 June 2025 . For the purpose of ASX Listing Rule 12.6, the Company confirms that Ms Anshu Raghuvanshi, Company Secretary and Ms Melanie Keith, Senior Legal Counsel, will be responsible for communication with the ASX in relation to listing rule matters. Annuncio • Jun 20
Webjet Group Limited Announces Retirement of Brad Holman as Director, Effective from 30 June 2025 Webjet Group Limited announced that Brad Holman will retire as a non-executive Director effective from 30 June 2025. The Board expects to announce the appointment to the Board of one or two new Directors in the near future. Annuncio • Jun 13
Webjet Group Limited to Report Fiscal Year 2026 Results on May 21, 2026 Webjet Group Limited announced that they will report fiscal year 2026 results on May 21, 2026 Annuncio • Jun 04
Webjet Group Limited, Annual General Meeting, Aug 28, 2025 Webjet Group Limited, Annual General Meeting, Aug 28, 2025. Annuncio • May 20
BGH, Helloworld Reportedly to Team Up on Webjet Speculation is mounting the end game for Webjet Group Limited (ASX:WJL) is that the Andrew Burnes-led Helloworld Travel Limited (ASX:HLO) and BGH Capital ultimately join forces to see the two travel companies combine and potentially get taken private. Helloworld on 16 May 2025 was in the market buying more shares in its listed travel rival, Webjet Group, at 89c each, and is understood to have secured a stake of close to 10%. BGH, together with Gary Weiss and his business interests, have collected a 10.76% holding and have put forward an 80c-a-share takeover bid that the UBS-advised company rejected. Sources said that Mr. Burnes had a brief and informal telephone conversation with Webjet about a possible deal in recent days, but was swiftly rebuffed. However, well-connected sources said that Mr. Burnes, who is Helloworld's managing director and a former treasurer of the Liberal Party, had strong Melbourne-based business relationships - and given that was where BGH was based, a deal involving both parties in which Helloworld and Webjet Group came together, made sense. Private equity firm BGH Capital is run by ex-TPG Capital operatives Ben Gray and Simon Harle, and ex-Macquarie Capital boss Robin Bishop. If Helloworld is working in concert with BGH, under ASX rules the parties would have to declare the relationship as they would collectively own more than 20%. Market experts say that Helloworld would likely see benefits for its travel agencies owning Webjet Group, providing an online booking platform, yet it may not be in a position to afford a buyout proposal. Eventually, it has emerged that the two groups are working together. Helloworld's market value is $256 million and Webjet's about $350 million. Webjet Group, which was split from its corporate business, now WEB Travel Group, faces industry headwinds in that it charges customers a fee for online consumer travel bookings. Airlines like Qantas and Jetstar don't, which makes using the websites of the airlines cheaper. Compounding this is that the big level of consumer spending following the global pandemic has eased as the higher cost of living takes its toll. BGH, advised by Macquarie Capital, had earlier said the transaction structure for its proposal, which valued the company at $314 million, was still under consideration. However, it intended to seek a controlling interest in the company and was open to some shareholders retaining an ongoing equity interest, with the potential for ongoing access to liquidity by retaining the company's public listing, subject to appropriate tax and legal considerations. Webjet recently laid out its five-year growth plan, and intends to double total transaction value by the 2030 financial year to at least $3.2 billion. Annuncio • May 16
BGH Capital cancelled the acquisition of unknown minority stake in Webjet Group Limited (ASX:WJL). BGH Capital made an unsolicited, non-binding indication of interest to acquire unknown minority stake in Webjet Group Limited (ASX:WJL) on May 13, 2025. Under the terms, the BGH Proposal is for a cash offer of $0.80 per Webjet share based on a number of key assumptions, including, without limitation, assumptions relating to cash levels, no external debt, no dividends or other distributions including by way of buy-back being announced, and no business acquisitions prior to implementation. BGH has indicated that while the transaction structure remains under consideration, its intention is to seek a controlling interest in the Company. BGH has also indicated it is open to some existing shareholders retaining an ongoing equity interest in the Company, with the potential for ongoing access to liquidity by retaining the Company’s public listing, subject to appropriate tax and legal considerations. BGH has requested due diligence to assist it formulate a binding proposal.
Webjet Shareholders should note that the BGH Proposal is non-binding and there is no assurance that it will proceed in accordance with its terms or at all. Webjet shareholders do not need to take any action in relation to the BGH Proposal at this time.
UBS Securities acted as financial advisor and MinterEllison acted as legal advisor to Webjet Group Limited.
BGH Capital cancelled the acquisition of unknown minority stake in Webjet Group Limited (ASX:WJL) on May 16, 2025. The Board has carefully considered the BGH Proposal, including obtaining advice from its financial and legal advisers. The Board has unanimously concluded that the BGH Proposal materially undervalues Webjet and therefore is not in the best interests of Webjet shareholders. Annuncio • May 15
Webjet Investors Betting on Higher Private Equity Bid BGH Capital's $314 million takeover bid for Webjet Group Limited (ASX:WJL) could face headwinds, as analysts and investors bet the private equity firm will be met with competition from global and local operators keen to buy the online travel agency. Shares in Webjet on 14 May 2025 were trading at 90c, above BGH Capital's price of 80c a share, which suggests investors are betting that a higher offer is looming. BGH said the transaction structure for a deal was under consideration, but it intended to seek a controlling interest in the company and was open to some shareholders retaining an ongoing equity interest, with the potential for ongoing access to liquidity by retaining the company's public listing, subject to appropriate tax and legal considerations. BGH's offer was also based on several key assumptions relating to cash levels, no external debt and no dividends or other distributions including by way of buy-back being announced, as well as no business acquisitions prior to completion. Webjet, advised by UBS, announced on 13 May 2025 night that it had received an "indication of interest" from BGH Capital at 80c a share after it had been acquiring stock last week. BGH, which holds 5.89% of Webjet and is working with Macquarie Capital, has asked Webjet for the opportunity to carry out due diligence. Buy Or Sell Opportunity • Feb 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to AU$0.74. The fair value is estimated to be AU$0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jan 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to AU$0.79. The fair value is estimated to be AU$0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Nov 26
First half 2025 earnings released First half 2025 results: EPS: AU$0.017. Net income: AU$6.60m (up AU$6.60m from 1H 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in Australia. Annuncio • Nov 25
Webjet Group Limited to Report Fiscal Year 2025 Results on May 21, 2025 Webjet Group Limited announced that they will report fiscal year 2025 results on May 21, 2025 Buy Or Sell Opportunity • Oct 23
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at AU$0.80. The fair value is estimated to be AU$1.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. 
