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Siteminder Limited (SDR) investor relations material
Siteminder Limited AGM 2025 Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business momentum and financial performance
Revenue growth accelerated from 15.0% in FY22 to 19.2% in FY25, with a medium-term goal of 30%.
Annual recurring revenue (ARR) growth reached 27.2% in FY25, with strong subscriber additions and increased adoption of transaction products.
Underlying EBITDA improved from $(22.4)m in FY22 to $14.3m in FY25, and free cash flow turned positive at $4.7m.
Gross booking value surpassed $85.0b, reflecting significant operational scale.
Rule of 40 performance increased from (15) to 21, indicating improved balance between growth and profitability.
Strategic initiatives and product innovation
Smart Platform and Revenue Flight Deck unify intelligence, revenue management, and distribution for hoteliers.
Product suite includes Dynamic Revenue Plus, Channels Plus, and Smart Distribution, enhancing automation and decision-making.
Smart Platform adoption is driving accelerating ARR and revenue growth, with introductory promotions and timing of contributions impacting growth spread.
Revenue maturity of new products is expected to increase over the next several years, supporting long-term growth.
Value creation and market opportunity
Over $85b in gross booking value and 250m+ room nights processed, with current ARR representing 0.3% of GBV.
Full product adoption could unlock up to 1.5%+ of GBV, representing a 5x opportunity versus current value capture.
Significant value unlock potential exists within the existing customer base as product usage expands.
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