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SiteMinder Limited (ASX:SDR)

ALERT: Price-sensitive ASX Announcement for SDR
Current share price for SDR : $4.060 1.12 (38.10%)+
Announcement
Release
25 Feb 2026 8:09AM
Price at Release
$2.940
Full Release
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Summary
SiteMinder Limited's FY26 Half Year Report details a strong financial performance, with revenue growth driven by increased subscriber growth and transaction product uptake. The report highlights a 26% increase in revenue to $131.1 million, with significant contributions from the Smart Platform strategy, which encompasses Channels Plus, Dynamic Revenue Plus, and the Smart Distribution Program. Despite operational cost increases, the company achieved an improved EBITDA from $0.3 million in H1FY25 to $11.5 million in H1FY26. Adjusted EBITDA also saw a substantial improvement to $12.3 million. The report underscores SiteMinder's strategic focus on organic growth, enhanced customer acquisition, and the scaling of its platform offerings to support long-term value creation.
Key Points
  • Revenue increased by 26% to $131.1 million in H1FY26.
  • EBITDA improved from $0.3 million in H1FY25 to $11.5 million in H1FY26.
  • Adjusted EBITDA rose to $12.3 million in H1FY26.
  • The Smart Platform strategy played a crucial role in growth.
  • Subscription revenue increased 17.7% to $78.1 million.
  • Transaction product uptake increased by 30.7% y/y.
  • Organic growth and strategic cost management were emphasized.
  • SiteMinder targeted larger, high-value properties.
  • ARR growth was 29.7%, reflecting strong market position.
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.