Webjet Marketing Pty Ltd
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Webjet Marketing Pty Ltd - overview
Established
1998
Location
Melbourne, VIC, Australia
Primary Industry
Travel & Leisure
About
Based in Australia, Webjet Marketing Pty Ltd is a travel technology company that specializes in providing diverse travel solutions, including flight bookings, hotel reservations, and holiday packages, catering to both individual and corporate clients. Webjet Marketing Pty Ltd, founded in 1998, operates from Melbourne, Australia. The company focuses on travel-related services, including flight and accommodation bookings. In July 2024, KKR acquired a 5% minority stake in the company for USD 120.
21 million, marking their most recent funding round. The firm has completed 2 deals overall, with the latest deal indicating active investor interest in the company. The CEO is David Galt, alongside Paul Ryan, who lead the company's strategic vision and operations. Webjet primarily offers a comprehensive suite of travel-related products and services designed to facilitate seamless travel planning and booking for consumers and businesses alike.
Their core offerings include flight bookings, hotel reservations, car hire services, holiday packages, and travel insurance, catering to a diverse clientele that spans individual travelers, families, and corporate clients. The platform serves as a one-stop solution for users looking to book domestic and international travel, providing access to both full-service and low-cost airlines. Additionally, Webjet's hotel inventory encompasses various accommodation types, from budget options to luxury hotels, ensuring they meet the varied preferences and needs of travelers. The company operates in multiple geographical markets, including Australia, New Zealand, and several international destinations, enhancing its appeal to a global audience seeking affordable travel solutions.
In the most recent year, 2023, Webjet reported a revenue of USD 67. 99 mn, with an EBITDA of USD 13. 58 mn for the same period. This income is primarily generated through transaction-based models involving direct bookings and commissions from travel providers, allowing the company to sustain its operational activities and growth.
As part of its future growth strategy, Webjet Marketing Pty Ltd is focused on enhancing its travel product offerings and expanding into new geographic markets. The recent funding round, where KKR invested USD 120. 21 million in July 2024, will support these initiatives. The company plans to develop new technological solutions to streamline the booking process and is targeting expansion into Asia-Pacific regions by the end of 2025, aiming to capture a larger share of the international travel market.
Current Investors
Bain Capital, KKR
Primary Industry
Travel & Leisure
Sub Industries
Hospitality Services, Travel & Tourism, Hotels & Accommodations, Insurance, Search Engines, Web Applications
Website
www.webjet.com.au
Verticals
E-commerce, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Webjet Marketing Pty Ltd - timeline of key events
Webjet Marketing Pty Ltd - financials
| Fiscal Year Ended | Jun 30, 2009 | Jun 30, 2010 | Jun 30, 2011 | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 27,533,000 | 36,143,000 | 43,009,000 | 55,158,000 | 60,229,000 | 56,457,000 | 73,712,000 | - | - | 149,067,000 | 141,757,000 | 85,985,000 | 24,352,000 | 42,253,000 | - | - | - |
| % Revenue Growth (YoY) | - | 31.3% | 19.0% | 28.2% | 9.2% | (6.3%) | 30.6% | - | - | - | (4.9%) | (39.3%) | (71.7%) | - | - | - | - |
| EBITDA (USD) | 5,554,000 | 5,613,000 | 6,212,000 | 5,845,000 | 1,862,000 | 2,826,000 | 7,426,000 | - | - | 30,333,000 | 30,172,000 | (15,563,000) | 1,598,000 | (7,185,000) | - | - | - |
| Operating Income (USD) | 5,264,000 | 5,326,000 | 5,902,000 | 5,419,000 | 1,605,000 | 1,859,000 | 6,432,000 | - | - | 29,131,000 | 29,342,000 | (17,182,000) | 775,000 | (8,155,000) | - | - | - |
| Operating Margin | 19.1% | 14.7% | 13.7% | 9.8% | 2.7% | 3.3% | 8.7% | - | - | 19.5% | 20.7% | (20.0%) | 3.2% | (19.3%) | - | - | - |
| % EBITDA Margin | 20.2% | 15.5% | 14.4% | 10.6% | 3.1% | 5.0% | 10.1% | - | - | 20.3% | 21.3% | (18.1%) | 6.6% | (17.0%) | - | - | - |
| NET Income (USD) | 4,097,000 | 4,446,000 | 4,636,000 | 4,403,000 | 1,225,000 | 2,170,000 | 5,601,000 | - | - | 20,542,000 | 20,845,000 | (13,008,000) | (404,000) | (5,539,000) | - | - | - |
| % Net Margin | 14.9% | 12.3% | 10.8% | 8.0% | 2.0% | 3.8% | 7.6% | - | - | 13.8% | 14.7% | (15.1%) | (1.7%) | (13.1%) | - | - | - |
Webjet Marketing Pty Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Webjet Marketing Pty Ltd | - | ||||||||
| PIPE | Completed | Webjet Marketing Pty Ltd | - | ||||||||
| Trade Sale | Completed | Destinations Of The World | - | ||||||||
| Trade Sale | Completed | JacTravel | - |
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Webjet Marketing Pty Ltd - employee data
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