Helloworld Travel (HLO) AGM 2025 summary

Opening remarks and agenda

• Meeting opened at 10:00 A.M. in a hybrid format, with a quorum present and both in-person and online participation.

• Chairman Garry Hounsell welcomed attendees, introduced board, executive team, auditors from KPMG, and share registry representatives, and outlined the agenda including Q&A and voting procedures.

• Voting was conducted by poll, with instructions for online participation and question submission.

Financial performance review

• Underlying EBITDA for FY 2025 was $60.6 million, down 8.6% year-on-year, in line with guidance; TTV reached $3.8 billion.

• Net profit after tax from continuing operations rose 4.1% to $33.2 million; earnings per share at $0.204.

• Revenue margin increased to 4.9%, while revenue declined 8.7% to $192.8 million.

• Total cash at June 30, 2025, was $79.4 million, with no external bank debt and $55.6 million in ASX-listed investments.

• Guidance for FY 2026 underlying EBITDA is $64–$72 million, subject to no material adverse changes.

Board and executive committee updates

• Board includes Garry Hounsell (Chairman), Andrew Burnes (CEO & MD), Cinzia Burnes (COO & ED), and three non-executive directors; board and executive team thanked for their contributions.

• No LTIP shares were allocated to executives in 2025.

• Re-election of Cinzia Burnes as director was put to vote.