Media Release
4C Filing - Commitment Test - Quarter Ended 31 December 2005
31st January 2005
- MARKET BRIEFING -
WEBJET IN PROFIT DECEMBER QUARTER 2004
Webjet today announced that, following the continued sales growth advised to the market on 7 December and 14 January the company produced positive net operating cash flow of $168,000 for the quarter ended 31 December 2004.
Commenting Webjet Managing Director, David Clarke, said:
“The key components are:
Total transaction values for the quarter of $17.6 million compared with $12 million for the previous quarter.
Total transaction values for the half year ended 31 December 2004 of $29.6 million compared with $9.6 million for the half year ended 31 December 2003.
Net profit unaudited (before amortisation and depreciation) of approximately $400,000 for the half year ended 31 December 2004.
Positive net operating cash flow for the half year of $168,000.
Cash on hand as at 31 December 2004 of $1.286 million.
We are greatly encouraged by the continuing build in sales volume and the substantial move into profit and cash generation which has continued into January where we expect gross transaction values of approximately $7.00 million.
However, we do not yet consider that it is prudent or possible to make further forecasts at this time”.