InvestSMART

SiteMinder Limited (ASX:SDR)

ALERT: Price-sensitive ASX Announcement for SDR
Current share price for SDR : $2.750 -1.07 (-28.01%)+
Announcement
Release
25 Aug 2026 7:46AM
Price at Release
$3.820
Full Release
download
Summary
SiteMinder Limited's FY26 Annual Report highlights significant financial progress, with a revenue increase of 22% on a constant currency and organic basis to $266.1 million, driven by growth in subscribing properties, price increases, and uptake of transaction products. The Smart Platform initiatives contributed to a 33.8% rise in transaction revenue. The group's adjusted EBITDA improved by 96.5% to $28.1 million, reflecting operating leverage and cost management. AI and technology enhancements have been pivotal in optimizing operations and enhancing customer experiences. The fiscal year saw an improvement in net loss after tax to $11.3 million from $24.5 million in FY25. The company continues to focus on expanding its platform capabilities and strategic partnerships to sustain growth and improve profitability.
Key Points
  • Revenue increased by 22% to $266.1 million.
  • Adjusted EBITDA rose 96.5% to $28.1 million.
  • Transaction revenue grew by 33.8% due to Smart Platform initiatives.
  • Net loss after tax improved to $11.3 million from $24.5 million.
  • AI and technology improvements enhanced operations.
  • Strong cost management and operating leverage achieved.
  • Strategic focus on platform expansion and partnerships.
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.