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Serko ( (SERKF) ) just unveiled an update.
Serko Limited has completed the sale of its InterplX expense management assets in the US to CerebriAI as part of its strategy to simplify operations and focus on core growth priorities. The divestment aligns with Serko’s vision to enhance its platform by integrating with leading US payment and expense providers, while continuing to operate its Zeno expense solution. Financially, the sale will result in a non-cash accounting loss of approximately $2 million but is expected to positively impact ongoing earnings. Serko’s FY26 financial guidance remains unchanged, with potential risks from macro-economic factors.
More about Serko
Serko Limited operates in the travel and expense management industry, offering a platform that integrates travel-related content and services, including payment and expense solutions. The company focuses on creating an open, connected marketplace and has established partnerships with leading US payment and expense providers.
See more data about SERKF stock on TipRanks’ Stock Analysis page.