The platform generates >75% of revenues outside Aus, in a global $US1.4T industry
Market share is barely 1% and growth rates are likely to remain high
The revenue and earnings multiples are very high
The company operates an online travel management service for corporate users and has a footprint in over 70 countries. It has also diversified into sport travel, event travel and resource travel. The mobile and tablet optimised technology platform provides pre-trip approval, travel tracking, travel forecasting, reporting and analysis, travel risk alerts and an extensive reporting and budgeting suite.