SKO - Serko.com

[winner69]

Wake up one morning and we may find that the deal is done - Booking.com to takeover Serko. Still not if but when imo.

Worth the wait eh Balance

Always good buying around 2 bucks


even so still have no idea how they make money but they do have a plan on a page which is good start

[Sideshow Bob]

https://www.nzx.com/announcements/421665

SUMMARY FINANCIAL RESULTS
• Total income of $36.3m, up 87%
• Online bookings of 2.5 million, up 26%
• Completed room nights on Booking.com for Business of
1.3m, up 192%
• EBITDAF loss of $0.8 million, a 96% improvement
• Net loss after tax of $7.2 million, a 64% improvement
• Average monthly cash burn of $0.6 million, an 84%
improvement
• Increase to FY24 guidance for total income to $67 million
to $74 million

[Balance]

https://www.nzx.com/announcements/421665

[FONT="]SUMMARY FINANCIAL RESULTS[/FONT]
[FONT="]• Total income of $36.3m, up 87%[/FONT]
[FONT="]• Online bookings of 2.5 million, up 26%[/FONT]
[FONT="]• Completed room nights on Booking.com for Business of[/FONT]
[FONT="]1.3m, up 192%[/FONT]
[FONT="]• EBITDAF loss of $0.8 million, a 96% improvement[/FONT]
[FONT="]• Net loss after tax of $7.2 million, a 64% improvement[/FONT]
[FONT="]• Average monthly cash burn of $0.6 million, an 84%[/FONT]
[FONT="]improvement[/FONT]
[FONT="]• Increase to FY24 guidance for total income to $67 million[/FONT]
to $74 million

Revenue upgrade.

Cash burn down to less than $1m per month - should be cash flow positive next year.

All good.

[silu]

The only problem is that I don't have enough shares in SKO.

[winner69]

6 monthly revenues last 2 periods $28m and now $36m and second half about $38m ….heading right direction

[winner69]

What does Serko get out the 1.3 million completed room nights on booking.com?

[t.rexjr]

Revenue upgrade.

Cash burn down to less than $1m per month - should be cash flow positive next year.

All good.

Average monthly cash burn that is...
And 0.6m at that

[sb9]

Could retate to $6 very soon, wait for ASX to open and brokers upgrades to come through following the investor call.

[usenet]

excellent result and clear road to profitability with plenty of cash left over in the kitty, time for her to takes off

[haewai]

6 monthly revenues last 2 periods $28m and now $36m and second half about $38m ….heading right direction

Still burning cash, and losing money, and yet has a market cap of $540m. Not for me at these prices. A lot of expectation priced in.