<WIRE> Siteminder Posts FY Reported Net Loss A$49.3 Million (ASX:SDR)

Thursday, 24 August 2023

Siteminder reported a net loss of A$49.3 million for the fiscal year.

Notwithstanding the loss, the total revenue saw an increase of 30.5% or 27.3% (CC,ORGANIC) to A$151.4M.

The company also expressed expectations to achieve underlying EBITDA profitability and positive underlying free cash flow by the second half of the fiscal year 2024.

Siteminder (ASX:SDR) is an online hotel distribution technology and service provider.

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<SPON> Trade share CFDs with Plus500

Apr 4, 2022

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