Trading Update

MKTUPDTE

Mon, Jan 23 2023 08:30 am

23 January 2023

TRADING UPDATE

Serko Limited (NZX & ASX: SKO) today announces an upgrade to revenue guidance for the FY2023 year, following stronger than expected revenue performance across its primary markets.

Solid trading results over the traditionally seasonally low period, from late December through to mid-January, has given greater certainty over expected revenue for the FY2023 year.

Serko expects the strong start to the calendar year to continue in the current quarter. Accordingly, Serko is upgrading its revenue guidance for the full year to 31 March 2023.

Total income is expected to be in the range of $42 million to $47 million. The guidance range for total income represents an increase of between 123% and 149% respectively on total income of $18.9 million for the 12 months to 31 March 2022.

Authorised for release by the Serko Board.

Released for and on behalf of Serko Limited by:
Shane Sampson
Chief Financial Officer

For further information:

Investor relations:
Shane Sampson
Chief Financial Officer
+64 9 884 5916
[email protected]

Media:
Coran Lill
The Project
+64 27 342 3836
[email protected]