Australia's Siteminder hits nearly 4-year high on robust FY25 results

SiteMinder

27/08/2025 02:35

** Hotel booking firm Siteminder SDR.AX soars as much as 31.6% to A$7.170; marks best ever intraday rally

** Stock hits highest since November 15, 2021; top gainer on ASX200 index .AXJO - trading largely flat as of 0115 GMT

** Co posts FY25 underlying net loss of A$17.2 mln ($11.2 mln) vs year-ago loss of A$24.2 mln

** Underlying operating earnings surges sharply to A$14.3 mln from last year's A$855,000

** Co says positioned to deliver strong annual recurring revenue (ARR), revenue growth in FY26

** SDR last up 30%, takes YTD gains to 15%

($1 = A$1.5389)

 (Reporting by Sameer Manekar in Bengaluru)

 ((Sameer.Manekar@thomsonreuters.com;))