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Serko Limited (ASX:SKO)

ALERT: Price-sensitive ASX Announcement for SKO
Current share price for SKO : $1.335 -0.865 (-39.32%)+
Announcement
Release
18 Nov 2025 7:30AM
Price at Release
$2.200
Full Release
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Summary
Serko Limited reported strong financial results for the first half of fiscal year 2026. The company's total income increased by 45% to $61.8 million, primarily driven by the acquisition of GetThere in January 2025 and the continued momentum of Booking.com for Business. Despite an increase in total operating expenses by 29% to $65.1 million, the company achieved a positive EBITDAFI of $6.1 million, marking a 394% increase from the previous period. Net loss after tax was reported at $9.5 million, an 86% increase from the prior year. Serko's balance sheet remains strong with $65 million in cash and short-term deposits, although this is a 21% reduction primarily reflecting the GetThere acquisition. The company continues to invest in strategic areas, maintaining a focus on growth and innovation within the Australasian market.
Key Points
  • Total income increased by 45% to $61.8 million.
  • GetThere acquisition and Booking.com for Business boosted revenue.
  • Operating expenses rose by 29% to $65.1 million.
  • EBITDAFI increased by 394% to $6.1 million.
  • Net loss after tax was $9.5 million, up 86%.
  • Cash and short-term deposits stood at $65 million.
  • The GetThere acquisition impacted cash reserves.
  • Strategic focus on growth and innovation in Australasia.
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.