Serko Sells InterplX Assets to CerebriAI to Sharpen Strategic Focus; Reaffirms Fiscal 2026 Outlook

MT Newswires Live2025-10-02

Serko (ASX:SKO, NZE:SKO) has completed the sale of its US-based InterplX expense management assets to CerebriAI on Tuesday, as part of its strategy to streamline operations and focus on core growth priorities, according to a Thursday filing with the New Zealand bourse.

The deal involves the company receiving royalties from InterplX customer revenues rather than continuing to operate the product directly, per the filing.

The sale will incur a non-cash accounting loss of around NZ$2 million from goodwill write-down but is expected to boost ongoing earnings, the filing said.

The company has reaffirmed its fiscal year 2026 financial guidance, projecting total income of NZ$115 million to NZ$123 million and total spend of NZ$127 million to NZ$133 million, with risks including macroeconomic, geopolitical, and currency fluctuations, the filing added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment