Corporate Travel Management Aktie

The share of Corporate Travel Management fell by up to 82.6% when trading resumed on the ASX after a year‑long halt. The pause followed delayed financial reports and a billing scandal in which forensic investigators found customers had been overcharged by more than A$250m, including about £80m in contracts with the UK government. The former CEO of the UK business, Michael Healy, was dismissed. CTM reported a net profit of A$17.7m for fiscal 2026, secured a A$175m financing package to repay affected customers and had previously booked large goodwill write‑downs. » Więcej na de.investing.com

CTM reports stable revenue of around AUD 640m for fiscal year 2025 and an increased total transaction value of AUD 9.6bn, but was weighed down by remediation costs that reduced adjusted EBITDA to AUD 83.6m. Management says remediation measures are well advanced, has settled 78% of refund liabilities and secured external financing. For fiscal year 2026 CTM forecasts adjusted EBITDA of AUD 113.6m and is relying on the » Więcej na de.investing.com