Serko lifts guidance range for 2019 revenue on Flight Centre negotiations

Mon, 30 Jul 2018

By Sophie Boot July 31 (BusinessDesk) - Serko, the online travel booking software developer, has lifted its 2019 revenue expectation slightly due to a planned extension of its partnership with Flight Centre Travel Group. Its guidance range is now for revenue growth between 20 and 30 percent in 2019 from 2018's $18.3 million, compared to earlier guidance of 15 to 30 percent growth. In previous guidance, Serko has said it doesn't expect growth in earnings before interest, tax, depreciation and amortisation from 2018's $2.2 million, due to t...

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