Serko in the black as first-half revenue climbs 30%, eyes global expansion

Tue, 21 Nov 2017

By Paul McBeth Nov. 22 (BusinessDesk) - Serko generated a first-half profit as the online travel booking software developer boosted trading revenue 30 percent and reined in spending, and is stepping up plans to launch in new international markets. The Auckland-based company reported a net profit of $1.1 million, or 1 cent per share, in the six months ended Sept. 30, turning around a loss of $2.1 million, or 3 cents, a year earlier. Trading revenue climbed to $9.1 million from $7 million a year earlier, while operating costs dropped 12 pe...

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