Corporate Travel stock gains 3.64 percent as FY26 profit returns

Published on 10/08/2026 at 08:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Corporate Travel stock's FY26 revenue rose 4 percent to AUD 669.9 million, while underlying EBITDA climbed 36 percent to AUD 113.6 million. The FY26 return to AUD 17.7 million profit frames the latest ASX move.

Corporate Travel, AU000000CTD3, Illustration mit AI erstellt.

Corporate Travel stock (ISIN AU000000CTD3) was last at AUD 2.28 on the ASX on October 8, 2026 at 4:10 p.m. AEDT, up 3.64 percent from AUD 2.20. The latest trading move follows a difficult FY26 reset in which the company returned to profitability while continuing to address customer remediation.

FY26 profit returns

According to Motley Fool Australia on September 11, 2026, FY26 revenue reached AUD 670 million and underlying EBITDA rose 36 percent to AUD 114 million. The company also reported a statutory profit of AUD 17.7 million.

The more precise FY26 figures reported by Accounting Times were revenue and other income of AUD 669.9 million, up 4 percent, and underlying EBITDA of AUD 113.6 million, up 36 percent. FY25 had produced a AUD 348.5 million loss, making the return to profit the clearest year-on-year change.

Remediation remains central

The earnings recovery does not remove the balance-sheet and customer issues left by the earlier accounting investigation. Motley Fool Australia reported on September 14, 2026, that CTM plans customer refunds of AUD 246 million by September 30, 2027, supported by a new AUD 175 million debt facility.

The market is therefore weighing an improved operating result against execution risk. The stock's October 8 intraday range was AUD 2.16 to AUD 2.28, with volume of 635,153 shares, while the 52-week range stood at AUD 1.97 to AUD 16.07.

Targets remain above the stock

Investing.com lists a Neutral consensus from 6 analysts, with 1 Buy, 5 Hold and 0 Sell ratings. Its average 12-month price target is AUD 5.40, with a high of AUD 16.70 and a low of AUD 2.35, placing the average target 136.84 percent above the October 8 price.

That spread reflects the stock's unusual setup: the operating recovery is measurable, but the market value remains exposed to remediation costs and confidence in financial controls. Corporate Travel Management operates across corporate, events, leisure, loyalty and wholesale travel services, according to its investor relations page.

Stock remains far below yearly high

Corporate Travel stock was last valued at AUD 2.28 on the ASX on October 8, 2026 at 4:10 p.m. AEDT, with a market capitalization of AUD 333.6 million. The price was 85.81 percent below the 52-week high of AUD 16.07.