Serko lifts guidance as business travel returns

CEO Darrin Grafton said managing spend contributed to the strong results. (Image: Serko)

Wed, 15 Nov 2023

Serko is riding the lift of returning travel, nearly doubling its total income in its latest half-year results.The travel software company posted $36.3 million in total income for the six months to September 30, up from $19m in the first half of the prior financial year.As a result, it has revised its guidance for the full financial year up from between $63 million and $70m, to between $67m and $74m.Earnings before interest, taxes, depreciation, amortisation and foreign currency gains/losses and fair value measurement (Ebitdaf) improved 96...

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