For nearly 20 years, Traveltek have been the industry leaders in providing cutting edge technology to the travel industry. Traveltek's platform was the first technology solution to offer truly dynamic vacation packages as well as the industry's first all inclusive fully dynamic cruise booking solution. Traveltek provide travel companies of all sizes with B2B, B2C, B2B2C solutions that are unparalleled in the industry in both design, technological innovation and efficiency. Traveltek's bespoke platform has been implemented at a robust and varied portfolio of clients including: online travel agencies, large multi product retail travel sellers, the world's leading cruise lines, tour operators, wholesalers among others throughout the world. With more than 200 API connections to travel suppliers, Traveltek has become the industry leader in offering direct content in multiple languages. Our focus on localization allows partners the ability to sell globally in multiple languages and currencies, taking advantage of the global marketplace available via the world wide web. Set to expand worldwide, Traveltek is rapidly growing throughout the Americas as well as Asia Pacific, the Middle East and and new markets throughout Europe. In every region throughout the world, Traveltek have partnered with leading companies within the travel industry creating solutions that reduce costs, increase efficiency, reduce booking time and necessary employee training and ultimately lead to exponential revenue growth from combined on-line adoption as well as internal booking capabilities.
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Type
Private
HQ
East Kilbride, GB
Founded
1995
Size (employees)
118 (est)+3%
Traveltek was founded in 1995 and is headquartered in East Kilbride, GB
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Traveltek Office Locations

Traveltek has offices in East Kilbride, Measham, North Sydney, Fort Lauderdale and in 1 other location
East Kilbride, GB (HQ)
2 Orbital Ct
Measham, GB
Tanyard House 37 High St
North Sydney, AU
25 Berry St
Hyderabad, IN
3rd Floor, Plot.No. 40 PH.No. 1-95/40, Raj Nagar Colony Beside Rajya Lakshmi Theatre Uppal
Fort Lauderdale, US
101 NE 3rd Avenue Suite 1500
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Traveltek Financials and Metrics

Summary Metrics

Founding Date

1995
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Traveltek Financials

Traveltek's revenue was reported to be £4.66 m in FY, 2016
GBP

Revenue (FY, 2016)

4.7 m

Gross profit (FY, 2016)

2.7 m

Gross profit margin (FY, 2016), %

58.5%

Net income (FY, 2016)

66.5 k

EBITDA (FY, 2016)

90.2 k

EBIT (FY, 2016)

65.8 k

Cash (31-Dec-2016)

2.6 m
GBPFY, 2015FY, 2016

Revenue

4.1 m4.7 m

Cost of goods sold

1.9 m1.9 m

Gross profit

2.3 m2.7 m

Gross profit Margin, %

55%58%
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

157.4 k243.1 k184.7 k280.9 k346.6 k309.7 k325 k518.1 k723.2 k622.2 k2.6 m

Accounts Receivable

91.2 k157 k253.6 k211.9 k297.8 k372.2 k530.2 k750.1 k730.1 k288.4 k131.8 k

Current Assets

248.6 k400.2 k438.3 k492.7 k644.4 k687.9 k857.2 k1.3 m1.5 m1.5 m3.7 m

PP&E

34.8 k52.5 k47.2 k40.5 k47.1 k99.6 k89.4 k97.7 k90.8 k115.6 k85.8 k
GBPFY, 2015FY, 2016

Net Income

453.8 k66.5 k

Cash From Operating Activities

335.2 k215 k

Dividends Paid

197.3 k197.3 k

Cash From Financing Activities

(381.3 k)1.8 m
GBPY, 2016

Revenue/Employee

70.4 k

Financial Leverage

3.7 x
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Traveltek News and Updates

Middle East travel firms need to get ship shape

Middle East travel firms need to get ship shape

Traveltek targets middle east growth with new Dubai operation

Traveltek targets middle east growth with new Dubai operation

Traveltek appoints key account manager

Traveltek appoints key account manager

The Global Travel Group conference news

The Global Travel Group conference news
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