Originally Posted by
Everwood
I watch Corporate Travel Management (CTD.ASX) because I see similar parallels between Corporate Travel Management and Serko.
Corporate Travel Management announced today
"While the recent introduction of further government-imposed restrictions on international travel and reduction to domestic capacity have significantly impacted CTM’s business, many of CTM’s clients across all of its regions are continuing to travel, albeit at low levels. Over half of CTM’s global TTV is domestic in nature, representing travel within a country’s borders."
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02216555
Even though business travel will be significantly impacted, customers will still use Serko albeit at low levels. The earnings might be flat for the next 18 months, but I still see light at the end of the tunnel. Corporate Travel Management also use Serko software