Media Release
Webjet Quarter Ended 30th September 2002 - 4C Filing
21st October 2002
Webjet today announced a net usage of cash for the above quarter $653,000.
The underlying net operating cash use of $529,000 included $175,000 of prepayments of annual and half yearly budget items paid in this quarter, which indicates a use of operating cash of $350,000 on a quarter adjusted basis.
The quarter also included capital investments in technology and associated asset acquisition of $124,000.
Commission receipts, staff costs, advertising & marketing and operating costs were in line with budget.