H1FY26 Investor Presentation

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Stock Siteminder Ltd (SDR.ASX)
Release Time 25 Feb 2026, 8:09 a.m.
Price Sensitive Yes
 SiteMinder Reports Strong H1FY26 Results
Key Points
  • Total H1FY26 annual recurring revenue (ARR) of $280.3m, up 27.4% y/y
  • Total H1FY26 revenue of $131.1m, up 23.0% y/y
  • Adjusted H1FY26 EBITDA more than doubled to $12.3m
Full Summary

SiteMinder, a leading hotel commerce platform, reported strong financial results for the first half of fiscal year 2026. Total H1FY26 annual recurring revenue (ARR) grew 27.4% year-over-year to $280.3 million, while total H1FY26 revenue increased 23.0% year-over-year to $131.1 million. The company's adjusted H1FY26 EBITDA more than doubled to $12.3 million, up from $5.3 million in the prior-year period. SiteMinder's LTV/CAC ratio improved to 6.7x, up from 6.1x in H1FY25, and its monthly revenue churn remained stable at 1.0%. The company's ARPU grew 11.3% year-over-year to $435. Adjusted H1FY26 free cash flow improved to 2.1% of revenue, up from (0.6%) in H1FY25. SiteMinder's Smart Platform continued to drive strong growth, with transaction revenue growth tracking approximately 30 percentage points above global travel growth and transaction gross margin expanding 558 basis points during H1FY26. The company's 'Rule of 40' performance, which measures the sum of revenue growth and profit margin, improved to 25.2% on a rolling 12-month free cash flow basis and 26.4% on a 6-month cash EBITDA basis, up from 19.2% and 17.7%, respectively, in the prior-year period.

Guidance

SiteMinder expects to deliver strong growth, profitability momentum, and further optimization of its 'Rule of 40' performance in fiscal year 2026.