Corporate Travel Management stock reports FY26 profit after reset

Published on 10/07/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Corporate Travel Management stock was trading at AUD 2.24 on October 7, 2026, while FY26 net profit reached AUD 17.7 million. Revenue rose 4 percent to AUD 669.9 million, but remediation remains central.

Corporate Travel, AU000000CTD3, Illustration mit AI erstellt.

Corporate Travel Management stock (ISIN AU000000CTD3) was trading at AUD 2.24 on the ASX on October 7, 2026, up 0.90 percent from the previous close. The market value was AUD 327.8 million, while the FY26 result showed a return to profitability after the company completed a major financial reset.

FY26 profit changes the picture

According to TravelandTourWorld on September 6, 2026, Corporate Travel Management reported FY26 net profit after tax of AUD 17.7 million for the year ended June 30, 2026. That reversed the AUD 348.5 million loss reported for FY25, an improvement of AUD 366.2 million.

Revenue and other income increased 4 percent to AUD 669.9 million, while underlying EBITDA rose 36 percent to AUD 113.6 million from AUD 83.6 million. Transaction volumes also increased 13 percent to 18.3 million, giving the recovery an operating measure beyond the statutory profit line.

Remediation still shapes valuation

The improved earnings did not remove the cost of the UK customer remediation program. TravelandTourWorld reported that 78 percent of refunds, valued at AUD 191 million, had been agreed or were close to finalization during the recovery process.

The same report said Corporate Travel Management secured AUD 669 million of new business and AUD 1.5 billion of re-tenders and renewals in FY26. Those figures support the operating recovery, while the outstanding remediation obligations and governance work remain the main counterweight for shareholders assessing the result.

Analysts see a wide valuation gap

StockAnalysis listed a Hold consensus from six analysts as of October 3, 2026, with an average 12-month price target of AUD 5.40. Its published target range ran from AUD 2.35 to AUD 16.70, showing how sharply expectations differ after the trading suspension and financial restatements.

Corporate Travel Management stock remained 86.06 percent below its 52-week high of AUD 16.07 on October 7, 2026. The combination of restored profit, higher underlying EBITDA and ongoing customer payments leaves execution, rather than the FY26 headline result alone, as the central valuation issue.

Stock trades near AUD 2.24

Corporate Travel Management stock was last at AUD 2.24 on the ASX on October 7, 2026 at 11:26 a.m. AEDT, with a day range of AUD 2.21 to AUD 2.25 and a 52-week range of AUD 1.97 to AUD 16.07.