The latest announcement is out from SiteMinder Limited ( (AU:SDR) ).
SiteMinder Limited reported a 13.9% increase in revenues for the half-year ending December 31, 2024, reaching $104.5 million. Despite the revenue growth, the company experienced a net loss of $13.9 million, a slight improvement from the previous year’s loss. The report highlights a decrease in net tangible assets per ordinary security, indicating potential challenges in asset management. No dividends were declared, reflecting a cautious financial strategy amid ongoing losses.
More about SiteMinder Limited
SiteMinder Limited operates in the technology sector, providing cloud-based solutions for the hotel industry. Its primary services include channel management, direct booking tools, and hotel business intelligence, focusing on enhancing connectivity and operational efficiency for hotels worldwide.
YTD Price Performance: 5.13%
Average Trading Volume: 769,407
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.78B
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