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The latest announcement is out from Serko ( (SERKF) ).
Serko Limited reported a 27% increase in total income for the fiscal year ending March 2025, reaching $90.5 million, driven by growth in Booking.com for Business and the acquisition of GetThere. Despite a net loss after tax of $22 million due to one-off costs and a non-cash accounting impairment, the company achieved positive EBITDAFI of $2.8 million and improved free cash flow. The results highlight Serko’s strategic focus on platform investment and North American expansion, supported by its cash-generative pre-acquisition business.
More about Serko
Serko Limited operates in the travel and expense management industry, offering solutions primarily through its platform, Booking.com for Business. The company focuses on providing booking and expense management services, with a significant market presence in Australasia and expanding operations in North America.
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