Serko: a decade of ups and downs on the NZX

Serko: a decade of ups and downs on the NZX
CEO Darrin Grafton says he is proud to be a New Zealander who saw the future of connected travel. (Image: Serko)
Ben Moore
On June 24, it will be 10 years since Serko listed on the New Zealand Exchange  – it hasn't been all smooth sailing.The business travel software company has faced $0.25 per share lows and $8.32 highs throughout its time as a publicly-listed company, but now seems to be finding its equilibrium.In the year to March 2024, Serko posted total revenue of $71.2 million, up 48% over the prior financial year.Earnings before interest, taxes, depreciation, amortisation and foreign currency gains/losses (ebitdaf) was a loss of $1.6m, down fr...

More Markets

NZME down 2.7% as Trump keeps markets jittery
Markets Market Close

NZME down 2.7% as Trump keeps markets jittery

The S&P/NZX 50 fell 0.79% to 12,011.34 on Tuesday.

Eroad plays down US tariff impacts, eyes possible manufacturing shifts
Markets

Eroad plays down US tariff impacts, eyes possible manufacturing shifts

The telematics company uses contract manufacturers in Southeast Asia.

NZME director David Gibson resigns
Markets

NZME director David Gibson resigns

Gibson's resignation is effective from Tuesday.

Ebos' cash raise reflects healthy M&A pipeline: analysts
Markets

Ebos' cash raise reflects healthy M&A pipeline: analysts

Acquisition of SVS Veterinary Supplies won't move the needle but is solid.