Serko sees jump in 1H trading revenue and still expects FY net profit

Tue, 18 Jul 2017

By Rebecca Howard July 18 (BusinessDesk) - Online travel booking software firm Serko said it expects first half trading revenue to be 25 percent to 30 percent higher on the year, excluding gains or losses on Australian dollar revenue hedging, and reiterated it is expecting to post a full year net profit. Serko said it expects its first half earnings before interest, tax, depreciation and amortisation, or ebitda, to be positive at approximately $1 million versus a loss of $1.75 million in the prior year. It reiterated that it is expectin...

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