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SiteMinder Limited (ASX:SDR)

ALERT: Price-sensitive ASX Announcement for SDR
Current share price for SDR : $3.970 1.03 (35.03%)+
Announcement
Release
25 Feb 2026 8:09AM
Price at Release
$2.940
Full Release
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Summary
In the first half of the fiscal year 2026 (H1FY26), SiteMinder Limited reported substantial growth driven by its Smart Platform strategy, resulting in a more than doubling of EBITDA to $12.3 million, up from $5.3 million in H1FY25. Total revenue increased by 25.5% to $131.1 million, with Annualized Recurring Revenue (ARR) reaching $280.3 million, reflecting a 27.4% growth on a constant currency and organic basis. The company's strategic initiatives, including the Channels Plus, Dynamic Revenue Plus, and Smart Distribution Program, have contributed significantly to this success. Despite an adjusted net loss of $3.9 million, the company improved from a $9.0 million loss in the previous year. SiteMinder continues to prioritize AI integration in its operations to enhance pricing and distribution efficiencies, positioning itself as a key player in AI-enabled hotel commerce.
Key Points
  • EBITDA more than doubled to $12.3 million.
  • Total revenue increased by 25.5% to $131.1 million.
  • Annualized Recurring Revenue (ARR) grew 27.4% on a constant currency basis.
  • Smart Platform strategy includes Channels Plus, Dynamic Revenue Plus, and Smart Distribution Program.
  • Adjusted net loss improved to $3.9 million from $9.0 million the previous year.
  • AI integration is central to enhancing pricing and distribution efficiency.
  • Positioned as a leading AI-enabled hotel commerce platform.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.