Serko Flags Upgrade to FY27 Total Income Guidance

Serko (ASX:SKO) released a guidance update because first-half trading was stronger than it anticipated, and it now expects to lift its FY27 total income guidance when it reports 1H27 results.

The company attributes the stronger trading to an acceleration in completed room nights, and anticipates the momentum will continue in the second half, with underlying growth continuing on a seasonally adjusted basis. Serko expects to make a modest upward revision to its current FY27 total income guidance range of $128m-$134m at its 1H27 results on 16 November 2026. Total spend is projected to be towards the middle of the $132m-$140m range. Serko also expects to report positive free cash flow for both the six months ended 30 September 2026 and the FY27 year. The original FY27 range, given on 20 May 2026, was primarily driven by the timing of booking volumes from the strategic initiative targeting defined US corporate segments. With that initiative in its early stages, Serko does not currently expect it to meaningfully contribute to FY27 total income, and expects its core business to be the primary driver of FY27 growth.

The release does not give the size of the revision or a new range. Completed room nights, free cash flow and total spend are non-GAAP measures, and full detail on the outlook is deferred to 16 November.