All markets around the world are now profitable, Helloworld reveals in latest financial guidance.
Helloworld has increased its FY23 guidance for underlying EBITDA to between $42 and $45 million, a massive turnaround on the underlying EBITDA loss of $10.6 million recorded in the previous year.
TTV will exceed $2.56 billion for the full year, while the company also noted it is now in a strong financial position with no borrowings and strong liquidity.
Leisure travel demand continues to hold up strongly on both sides of the Tasman for the business, Helloworld also stated, with traction in markets like Asia predicted to improve significantly throughout the remainder of the year.
More details in today’s issue of Travel Daily.