May 1 (Reuters) - Helloworld Travel Ltd (HLO) :
- TTV FOR MARCH QUARTER FELL 17.6% TO $1.28BN COMPARED WITH SAME PERIOD LAST YEAR
- EBITDA FOR QUARTER $2.0M
- EXPECT REVENUES FROM TRAVEL SALES & OPERATIONS TO REMAIN AT AROUND 5% OF PREVIOUS LEVELS UNTIL AT LEAST SEPT
- NETT SALARY COSTS REDUCED FROM AVERAGE $12M PER MONTH TO $1.0M NETT OF GOVERNMENT ALLOWANCES
- HAS OVER 1,050 PERSONNEL STOOD DOWN AROUND WORLD
- HAS SUFFICIENT LIQUIDITY TO MAINTAIN OPERATIONS FOR 12 MONTHS OR LONGER
- SEES CASH LOSSES OF $1.5 MILLION-$2.0 MILLION PER MONTH FOR NEXT 6 MONTHS
- EXPECTS TO SEE RE-OPENING OF DOMESTIC TRAVEL MARKET BY SEPT 2020
- NOT INTENDING TO UNDERTAKE CAPITAL RAISING AT THIS POINT IN TIME
- COST SAVING INITIATIVES EXPECTED TO REDUCE MONTHLY EXPENDITURE FROM $23M PCM TO ABOUT $2M PCM
- AT APRIL-END, HAD TOTAL CASH OF $150 MILLION
- EXPECTS BREAK-EVEN POSITION IN Q2 FY21 & SMALL PROFIT IN H2 OF FY21
News: HLO Helloworld Travel Sees Cash Losses Of $1.5 Mln-$2 Mln Per Month For Next 6 Months
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Last
$1.61 |
Change
-0.085(5.01%) |
Mkt cap ! $267.4M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.61 | $461.5K | 280.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11661 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 2969 | 6 |
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| Last trade - 12.32pm 29/07/2025 (20 minute delay) ? |
| HLO (ASX) Chart |