On The Beach has recorded its fourth consecutive record time-to-value (TTV) in the year to 30 September, increasing by 11% to £1.25bn.

The travel retailer’s revenue jumped by 6% year-on-year to £121.4m In this period, while its profit before tax rose by 20% to £35m.

On The Beach added that it sent a record 1.7 million customers on holidays in the year to September, with investment in its technology platform helping to facilitate this growth.

Chief executive officer at On The Beach, Shaun Morton, said: "Not only are customers able to find a package holiday to suit their needs within seconds, but they also have more choice than ever before.

"Demand for On The Beach holidays remains strong and, despite the broader consumer environment, booking trends indicate that consumers will continue to protect their holiday."

On The beach said its growth has continued into the new financial year, with TTV and bookings increasing by 16% and 14% respectively in the year to date.

Its winter 2025/26 and summer 2026 forward bookings have jumped by 15% and 8% respectively, and it expects to deliver another record summer.

As a result, On The Beach stated that its profit before tax is set to total between £39m and £43m in the current financial year, in line with market expectations. It also remains on track to deliver its medium term ambition of £2.5bn in TTV and a profit before tax of £85m.

Following the results publication, shares in On The Beach jumped by over 11%.

Investment director at AJ Bell, Russ Mould, stated that the firm has been through a "choppy period" following a move away from its core focus.

He concluded: "In that context, today’s results are a ray of sunshine as the company announces a third consecutive record year of growth, improved margins and positive signs on key customer metrics. This may help restore some credibility to the company’s medium-term targets of achieving earnings of £100m and pre-tax profit of £85m, although these still look a big ask as they require profit to more than double from current levels.

"The rapid expansion of EasyJet Holidays and the continued growth ambitions of the likes of Jet2 remain a threat to On The Beach. While the lack of a fleet of planes means On The Beach has more flexibility and a significantly lower cost base, it does mean it has less control on prices and other factors – although the recently agreed partnership with Ryanair mitigates some of this."

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