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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.

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Tags online storefinancial resultsWotif

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