RE: Results out5 Dec 2023 15:23
Silly question. How can revenues be £170m but transactional value hit £1b?
On the Beach said adjusted pre-tax profits came in at £23.6m for the twelve months ended 30 September, well ahead of estimates for PBT of roughly £20.0m, while total transaction value surged 26% to hit £1.0bn for the first time in the company's history.
Revenues rose 19% to £170.2m amid a "strong demand" for holidays across its core addressable market and strategic expansion areas, with growth across both passenger numbers and average booking values. Earnings per share were up from 6.4p a year ago at 11.6p