Serko

Serko and First Table have been recognised by the Technology Investment Network’s 2023 report and awards for their excellence in digital technologies.

Serko has reported a strong set of interim results following what it calls “high revenue growth” across its divisions.

The business travel platform says its FY23 NZ bookings were 136% of pre-pandemic levels.

Business travel platform Serko has upgraded its revenue guidance for the year to March 2023, following a stronger than expected revenue performance across its major markets.

Total travel booking volumes rose 73% to 2.3 million from 1.3 million and online travel bookings increased 75% to 2 million from 1.1 million.

Business travel booking platform Serko has reported a net loss after tax of $36m for the year to March 2022, citing increased investment for the 22% decline on last year’s result.

Serko’s Australian transaction growth has reached 60% of 2019 volumes, but growth in New Zealand remains suppressed.

NZ’s travel recovery may take a little longer than overseas but it can still be quick, says the online travel booking firm’s CEO, Darrin Grafton.

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Serko has opened its $10m non-underwritten retail offer to eligible shareholders.

The business travel booking platform is also eyeing acquisitions to drive growth.

The growing importance of technology in designing and booking business trips ensures Serko is well placed for the global travel recovery, says chief executive Darrin Grafton.

Serko has appointed Jan Dawson as an independent director on its board.

Trading conditions remain volatile due to the global impacts of Covid-19 and ongoing travel restrictions, particularly in the Australian market, says Serko.

Online travel booking and expense management firm Serko has appointed Shane Sampson chief financial officer.

Travel volumes for April 2021 were at 84% of 2019 levels.

Serko has recorded an uplift in transactions so far in March 2021 to reach 68% of the volumes recorded for the same period in March 2019.

Online corporate booking company Serko says travel booking volumes are showing gradual improvement.

Online business travel booking company Serko has posted a $10m loss for the half-year ending September 2020.

Online travel booking and expense management company Serko says its $10m share purchase plan has closed oversubscribed with applications totalling approximately $25m.

Serko has opened its $10m non-underwritten share purchase plan which is part of Serko’s equity raising initiative.

Online travel booking and expense management company Serko is seeking new equity of up to $55m.

Strong growth in New Zealand and Australia has seen ‘pleasing’ results for online travel booking and expense management firm Serko.

Online travel booking software firm Serko said it expects its first half full year 2018  earnings to be positive at approximately $1m, up from a $1.75m loss the same period the previous period.