The All Ordinaries Index (ASX: XAO) is up 0.4% today, with plenty of thanks to this surging ASX All Ords travel stock.
The fast-rising stock in question is travel distribution company Helloworld Travel Ltd (ASX: HLO).
Helloworld shares closed on Friday trading for $1.485 per share. In earlier trade, shares leapt to $1.73 apiece, up 16.5%. At the time of writing, shares are changing hands for $1.71 each, up 15.2%.
Here's what's piquing investor interest today.
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ASX All Ords travel share boosts earnings outlook
The Helloworld share price is going ballistic after the ASX All Ords travel stock released an update on its full-year FY 2025 guidance.
As you can probably guess by the soaring share price, that update was for the better.
On 26 February, Helloworld released its half-year results (H1 FY 2025). At the time, management provided underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) guidance of between $56 million and $62 million.
Helloworld looked to be tracking at the mid-point of this earnings range when the half-year results were released.
But in May, management scaled back those expectations. In a market update on 8 May, the ASX All Ords travel stock reported:
Given the inherent market volatility and economic uncertainty over the second half of FY25, HLO now expects to achieve UEBITDA of between $52 million and $56 million, subject to no material adverse change in operating conditions over the remainder of the financial year.
"While uncertainty has impacted near-term travel patterns and choice of destination, this is largely timing and is expected to rebound in FY 2026," Helloworld CEO Andrew Burnes said at the time.
Today, ASX investors are piling back into Helloworld shares after management said that "as a result of various factors" the company now expects underlying EBITDA for FY 2025 to be in the range of $58.0 million to $62.0 million.
Turning to its recent trading results, the ASX All Ords travel stock said it had experienced a year-on-year decline in passenger total transaction value (TTV).
Management said this was spurred by marginally lower customer numbers, changes in destination mix from higher spending long-haul trips to more mid-haul destinations, and lower airfares.
On the plus side, the company's margins were reported to have "improved slightly".
Looking ahead, Helloworld said it has "strong forward bookings" for the remainder of the 2025 calendar year and "well into" 2026.
Helloworld share price snapshot
Despite today's big rebound, the Helloworld share price remains down 15.3% in 2025.
The ASX All Ords travel stock is scheduled to release its full FY 2025 results on 26 August.
