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

NZ sharemarket down 0.8%, ASX almost double that
Markets Market close

NZ sharemarket down 0.8%, ASX almost double that

The S&P/NZX 50 Index closed at 12,813.15, down 110.07 points or 0.85%.

Graham Skellern 22 Oct 2024
Telco Vital still has work to do
Markets

Telco Vital still has work to do

Vital's customers have become increasingly cost conscious.

Staff reporters 22 Oct 2024
Being AI vs Clare Capital gets first hearing
Markets

Being AI vs Clare Capital gets first hearing

Associate Judge Sussock declined the defendants’ application for transfer.

Potentia lays out case for Vista board seat
Markets

Potentia lays out case for Vista board seat

Tech investor releases trove of materials to woo shareholders.