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...

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