Corporate Travel Management Ltd (ASX:CTD)
A$ 13.39 0.19 (1.44%) Market Cap: 1.93 Bil Enterprise Value: 1.85 Bil PE Ratio: 23.17 PB Ratio: 1.65 GF Score: 74/100

Full Year 2023 Corporate Travel Management Ltd Earnings Call Transcript

Aug 22, 2023 / 11:00PM GMT
Release Date Price: A$19.43 (+2.48%)
Operator

Good morning. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the CTM Fiscal Year 2023 Conference Call. (Operator Instructions)

Jamie Pherous, Founder and CEO, you may begin your conference.

Jamie Michael Pherous
Corporate Travel Management Limited - MD & Executive Director

Thank you, Emma, and good morning, everyone. I'm joined today by our CFO, James Patterson, and we are pleased to present our full year FY '23 results. Let's move to Slide 4, the FY '23 highlights and go straight to Slide 5 if we can, group financial highlights.

Look, as an opener, throughout this investor pack, you'll hear a lot about 2 themes this year. Firstly, it's our ability to convert revenue recovery into profits, not just EBITDA but importantly, profit before tax and net profit after tax. And secondly, the late FY '23 momentum that we've experienced really sets up our FY '24 results due to profitable new client wins transacting and that's continuing through the year. So with this in mind, let's

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