• Annualised recurring revenue grew 27.2% on a constant currency and organic basis
• Underlying EBITDA and Free Cash Flow were positive for the year
• Launched the Smart Platform strategy, driving growth and profitability

SiteMinder Limited has reported strong financial and operational results for the financial year ended 30 June 2025 (FY25). The company's annualised recurring revenue (ARR) grew 27.2% on a constant currency and organic basis, up from 21.3% a year ago, despite a backdrop of weakening travel demand in the second half of the year. SiteMinder also achieved positive underlying EBITDA of $14.3 million and positive free cash flow of $4.7 million, a significant improvement from losses in excess of $22 million and $35 million, respectively, just three years earlier. The company's growth was driven by continued progress in realizing its large total addressable market, growing the number of properties it serves by 12.6% to 50,100, and increasing transaction product adoption by 33.1%. SiteMinder also saw strong contributions from the commercialization of its Smart Platform strategy, which introduced three new products and programs: Channels Plus, Dynamic Revenue Plus, and the Smart Distribution Program. These initiatives have already delivered positive business outcomes, with Channels Plus enjoying the strongest product launch in SiteMinder's history. The company also made investments to enhance staff benefits and align short-term incentives with critical business outcomes, while leveraging AI to support its people and accelerate its success. Looking ahead, SiteMinder's focus is on profitable growth, scaling the Smart Platform adoption, expanding its products, and increasing global market penetration, with a commitment to maintaining profitability discipline.

SiteMinder is targeting medium-term revenue growth of 30%, driven by scaling the Smart Platform adoption, expanding its products, and increasing global market penetration, while maintaining profitability discipline.

SiteMinder is focused on profitable growth in FY26, with a focus on scaling the Smart Platform adoption, expanding its products, and increasing global market penetration. The company has introduced the 'Rule of 40' metric as a vesting condition in its FY25 long-term incentive program for executives, aligning them with striking the right balance between growth and profitability.