History suggests this has been a difficult business area for HLO.
The travel management segment, which operated with 58 govt agencies prior to today's announcement, made adjusted EBITDAI (before corporate costs) of -$2.5m and $0.5m in FY13 and FY14.
Essentially 80% of the EBITDA is contributed by the retail segment, and 19.5% from wholesale.
Time will tell whether this will provide the scale needed, and if HLO can be efficient in managing it.
Ann: Whole of Govt - Sole Provider of Travel Management Services, page-5
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Last
$1.65 |
Change
-0.003(0.15%) |
Mkt cap ! $268.6M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.68 | $1.62 | $618.6K | 373.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1798 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 1079 | 4 |
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| Last trade - 15.16pm 30/07/2025 (20 minute delay) ? |
| HLO (ASX) Chart |