Serko Ltd (SERKF) Q2 2020 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen. Welcome to the CIRCO half-year results announcement. Today's program is being recorded. At this time, I would like to hand things over to Mr. Darren Grafton. Please go ahead, sir. Good morning, and welcome to today's interim results presentation for the six-month period ending 30 September 2018. My name is Darren Grafton, and I'm CIRCO's CEO, and I'm here with Susan Putts, CIRCO's CFO. On the back of delivering our maiden full year profit I'm pleased to report that we remain profitable. During the half year we increased our investment into our travel and expense platforms as we pursue further growth opportunities both within our home markets and in new territories. We achieved a 25% increase in operating revenue as we continue to grow market share in our home markets of Australia and New Zealand. We've made good progress in our Northern Hemisphere expansion. We'll cover off more detail around the Northern Hemisphere expansion and provide an update on our upcoming activities over the next 20 minutes. You should have the presentation that we released for the stock exchanges earlier this morning in front of you, and we'll start on slide four. Susan is going to kick off shortly with an overview of the financial results for the six-month period. I'll then give you an update on the key strategic developments and then cover the outlook for the second half. We will then have time for questions at the end. For now, I will pass you over to Susan to cover the financial highlights, and she will start on slide six. Thanks, Darren. I'm going to cover off our key measures of financial performance that we report every six months. I will then go into more detail in some items on the following slides. As Darren mentioned, we continue to be profitable. N...