Results for the 12 months to 30 September saw the OTA record a £14.1 million pre-tax profit, far down on the £34.5 million earned in 2019. This came despite revenue of £144.3 million, almost in line with 2019’s £147.5 million. However, the result is a big improvement on the loss of £18.4 million posted in 2021.
Chief executive Simon Cooper said: “2022 was a disrupted year. Omicron wiped out the first three or four months. The war in Ukraine and cost of living added to this. The winter market was affected by 2021 holidays being rolled into 2022.”
