Serko Ltd. (SERKF) has released an update.
Serko Ltd. reported a significant improvement in its financial performance for the first half of 2024, achieving a positive free cash flow of NZD 1.3 million and a total income increase of 18% compared to the previous period. The company attributes its growth to increased customer acquisition and higher travel volumes, particularly through its strategic partnership with Booking.com for Business. Serko remains optimistic about its future growth prospects despite acknowledging potential risks and the financial impact of recent acquisitions.
For further insights into SERKF stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
