Strongest Half Year Performance
Serko delivered its strongest half-year performance with a 45% increase in total income to $61.8 million, driven by the scalability of the business model and contributions from Booking.com for Business and the addition of GetThere.
Record EBITDAFI
Serko achieved its highest ever EBITDAFI result of $6.1 million, reflecting disciplined execution and focus on profitable growth.
Significant Growth in Booking.com for Business
Room nights grew 32% to 2.1 million, with a 40% increase in active customers, indicating strong performance in the Booking.com for Business segment.
Free Cash Flow Generation
Serko generated $3 million in free cash flow, showcasing the cash-generating capabilities of its existing business.
Successful Integration and Market Presence of GetThere
The GetThere acquisition has been fully integrated, stabilizing the customer base and contributing positively to revenue.
Partnership with Booking.com
The partnership with Booking.com continues to drive significant revenue and contribution, with expected completed room nights exceeding 4.2 million this financial year.