Menu
Menu
Wotif.com 1H profit grows 34% to $28m

Wotif.com 1H profit grows 34% to $28m

Hotel and flight reservation website operators Wotif.com Holdings (ASX:WTF) has announced that its net profit grew 34% to $27.6 million in 1H10.

Revenue grew 19% to $69.7 million, while ebitda grew 24% to $41.3 million.

The company said it sold 3.7 million room nights, for the first time processing over half a billion dollars worth of accommodation bookings in a half-year period. Flight bookings increased 16%.

Wotif now receives over 7.5 million visitors to the site, and makes more than 315,000 bookings, each month.

WTF shares have today risen 5.94% to $6.69.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags financial resultsWotifonline store

Show Comments