Well, that makes it official… Wotif.com is going IPO

It’s official, it’s up on “our site”:www.wotif.com, so it must be true: Wotif.com is in the last stages before listing, with the offical “Prospectus now available for review”:http://www.macquarie.com.au/wotif.

The third time I’ve worked for a company that planned to list itself on the stock market, and the first one that’s actually managed to get this far. 🙂 I guess third time really can be the charm, after all.

Seriously, though, if you’re an Australian or New Zealand citizen, and feel like putting some money into it, I suggest you check out the Prospectus. Wotif is growing well as a company – $18.8m last year in profit, a projected $25.8m this finacial year (that projection would be pretty solid by now). Costs have been typically less than half of the overall revenue base, and they’ve never had an unprofitable quarter (not even the first one!).

Shares start trading 8 June – applications to buy as part of the “Broker Firm” offer close on 29 May.

Author: Robert Watkins

My name is Robert Watkins. I am a software developer and have been for over 20 years now. I currently work for people, but my opinions here are in no way endorsed by them (which is cool; their opinions aren’t endorsed by me either). My main professional interests are in Java development, using Agile methods, with a historical focus on building web based applications. I’m also a Mac-fan and love my iPhone, which I’m currently learning how to code for. I live and work in Brisbane, Australia, but I grew up in the Northern Territory, and still find Brisbane too cold (after 22 years here). I’m married, with two children and one cat. My politics are socialist in tendency, my religious affiliation is atheist (aka “none of the above”), my attitude is condescending and my moral standing is lying down.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s