What podcasts say about Corporate Travel Management
Every statement, with the speaker, the exact quote and the moment it was said.
What experts have said about Corporate Travel Management
20 statements · 9 positive · 10 negative · 1 mixed
Corporate Travel Management remains significantly overvalued.
“this still appears significantly overvalued”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:18:01
Corporate Travel Management generated only $3 million in adjusted operating cash flow.
“its operating cash flow was only $3 million last year after you account for the intangibles payment.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:18:40
Corporate Travel Management’s modest revenue decline was surprisingly good.
“I think it's amazingly good.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:19:14
Corporate travel contracts typically last at least three to five years, limiting immediate customer losses.
“they tend to be 3, 5-plus-year contracts, so like worst case you lose everybody, you lose 20%.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:19:33
Corporate Travel Management retained roughly 80% of renewing customers during the crisis.
“So they got an 80%, like, um, renewable churn rate.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:20:49
Corporate Travel Management may report good results in its next reporting period.
“I think there's a good chance they might report a good next period if this is as bad as it got in the worst time.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:22:08
Corporate Travel Management may need rescue capital that dilutes shareholders by 50–80%.
“you might end up with a rescue capital raising to pay this one-off cost that dilutes shareholders another 50% or 80%”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:23:12
Corporate Travel Management made $48 million in adjusted net profit last year.
“Well, literally made $48 million net profit last year before the one-off.”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:24:42
Investors who bought suspended CTM shares made roughly 15 times their money.
“whoever bought that stock while it was suspended, they, um, made 15x their money today”
Open the episode · Expert360 Heartbreak, CTM is Back, Iran Stalemate gets less Stale and The Athlete Rich ListListen at 1:25:59
Corporate Travel Management may be preparing to relist on the ASX.
“it appears that the embattled travel agent CTM may be preparing for relisting on the ASX”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:20:45
No bank was willing to lend to Corporate Travel Management.
“No bank, I said no bank would and no bank did.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:21:31
Corporate Travel Management would have failed without the PEP loan.
“it's a business that would've died otherwise.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:21:58
Corporate Travel Management’s loan interest rate is likely above 12%.
“Probably 12+%, I would've thought.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:22:07
CTM could relist imminently, but releasing FY26 results remains the blocker.
“It could be relisting any day, but they haven't released the FY26 yet, which is the blocker.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:22:18
Most observers believed CTM would fail without the PEP financing.
“I think everybody did without this Hail Mary.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:23:40
EBITDA is an inappropriate metric for evaluating CTM’s financial performance.
“EBITDA is a frankly ridiculous metric to use here.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:26:07
CTM earns approximately half a cent of profit per dollar of transaction volume.
“they get half a cent for every dollar.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:27:29
CTM is, at best, approximately breakeven financially.
“it's basically a breakeven business at best.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:29:42
A CTM turnaround to a billion-dollar business could produce substantial investor returns within five years.
“if somehow CTM turns around and is a billion-dollar business Like over a 5-year period, they could—”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:30:39
CTM’s underlying saleable assets partly mitigate PEP’s downside risk.
“the downside risk feels somewhat mitigated by the underlying asset that could be sold.”
Open the episode · Canva’s Investor Dumpster Fire, Xero’s Shareholder Smackdown, CTM’s Lifesasver Deal and GTA's $3.5bn BetListen at 1:30:58
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.