Media Release
Quarter Activity Period Ended 31.12.00
12th January 2002
Webjet today announced a substantial improvement in net cash outflow for the quarter ended 31.12.00. Net funds used improved by over 27% to -$427,000 compared with -$588,000 in the previous quarter.
Tracking the last three quarters show the following key trends:
Quarter to 30.6.00 | Quarter to 30.9.00 | Quarter to 31.12.00 | |
| Transaction Values | $300,000 | $800,000 | $900,000 |
| Bookings | 198 | 477 | 525 |
Webjet has substantially outperformed the industry in the latest quarter and continued its growth where general industry indications are that the total market, affected by the Olympics and GST, amongst other factors, exhibited negative growth.
January is showing a further substantial acceleration of bookings, with the first two weeks up nearly 20% over the same period in November.
Webjet completed the quarter with cash of approximately $4.3 million.