Thank you for your feedback. I got the same impression from the live feed.
Another thing I noticed was later on when there was the question with regards to staff and as I understood correctly he said that lots of the new ones are independent contractors so they are more flexible in getting projects quickly to the market. So I don't think when those projects are delivered high staff costs could become a drag on the balance sheet.
I've also founded this on a paid website
https://www.thecompanydime.com/serko-north-america/
Serko Tries To Go Where No Corporate Online Booking Tool Has Gone Before
No independent, non-U.S. corporate booking tool provider has ever really succeeded in this market.
Serko is trying to be the first. The New Zealand-based software provider, which also
offers expense management, is spending significantly to grow its presence in Canada and the United
Kingdom as well. The company expects travel management company reseller partnerships in these
markets to begin paying of during the next year.
What it's taking to get there is no small feat. "Any market to any market is hard," said Serko senior vice
president for North America Tony . . .
And the comment from one very experienced contributor:
"If an online booking tool could develop a function to demonstrably prevent hidden mid-office fare markups,
it could conquer the planet."
As far as I remember Darrin has mentioned in an interview that this is one particular strength of Zeno.
I still feel confident in the Serko board to deliver on their promises and I'm happy to hold a large parcel that I expect to grow and grow.
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