Serko on track for $100m revenue in 2-3 years

Serko on track for $100m revenue in 2-3 years
Dan Brunskill
Travel booking software company Serko says it is still on track to reach its goal of $100 million annual revenue although it has been delayed by the pandemic.The company today reported a net loss of $29.4 million on operating revenue of just $12.4m but hopes to increase that revenue by 8 times in the “mid-term”.“We talk about a two-to-three-year target,” chief executive Darrin Grafton told BusinessDesk.  He said the 1,300 customers being added onto Serko’s white labelled Booking.com platform every weekday is a...

More Markets

NZ sharemarket falls 1.3% on uncertainty
Markets Market Close

NZ sharemarket falls 1.3% on uncertainty

The S&P/NZX 50 Index closed at 12,249.55, down 161.42 points or 1.3%.

Graham Skellern 12 Mar 2025
Rocket Lab looks to raise up to US$500 million
Markets

Rocket Lab looks to raise up to US$500 million

The money will fund acquisitions and general corporate and working capital purposes.

Rebecca Howard 12 Mar 2025
The who’s who of NZME’s board hopefuls
Markets

The who’s who of NZME’s board hopefuls

Who are the players causing ripples in investor and media circles?

Duke pins recovery hopes on lower interest rates
Retail

Duke pins recovery hopes on lower interest rates

The Briscoe Group chief said he is ‘thrilled to bits’ with the full-year result.

Gregor Thompson 12 Mar 2025