SiteMinder (ASX:SDR) Lifts Adjusted EBITDA 96% to $28.1 Million as ARR Grows 24%: What the Hotel Software Group Reported

Sonal Goyal

06 November 2026 06:34 PM AEDT

SiteMinder (ASX:SDR) Lifts Adjusted EBITDA 96% to $28.1 Million as ARR Grows 24%: What the Hotel Software Group Reported

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Key Highlights

SiteMinder (ASX:SDR) closed at $3.41 on 6 November 2026, down 5.54%, while the S&P/ASX 200 Info Tech index fell 0.78%.
FY26 ARR rose 24.1% on a constant currency, organic basis to $313.7 million, and Revenue rose 22.0% to $266.1 million.
Adjusted EBITDA rose 96.5% to $28.1 million, with the Margin expanding to 10.6%, and the reported net loss narrowed to $11.3 million.

SiteMinder Ltd (ASX:SDR) closed at $3.41 on 6 November 2026, down 5.54% for the trading session. The S&P/ASX 200 Info Tech index (XIJ) closed at 1,783.50, down 14.10 points or 0.78%. The S&P/ASX 200 finished at 9,020.80, up 0.49%, and the All Ordinaries closed at 9,144.70, up 0.66%. SiteMinder provides software to hotels and accommodation providers, including a channel manager and distribution platform that connects properties with booking channels.

Latest Developments

FY26 Full-Year Results (25 August 2026)

SiteMinder released its FY26 results on 25 August 2026. ARR increased 24.1% on a constant currency and organic basis to $313.7 million, or 14.9% on a reported basis. Revenue grew 22.0% to $266.1 million on the same basis, or 18.6% reported.

Adjusted EBITDA rose 96.5% to $28.1 million, with the margin expanding 419 basis points to 10.6%. Adjusted free Cash Flow more than doubled to $10.5 million. The reported net loss narrowed to $11.3 million from $24.5 million in FY25.

FY27 Outlook (25 August 2026)

SiteMinder expects its adjusted EBITDA margin to expand meaningfully in FY27, with ARR growth in the 20s supporting continued strong revenue growth. It also expects its margin to reach the mid-20s by FY30, and ARR to grow at a compound rate in the 20s over that period on the same basis. The release said Smart Platform-driven transaction revenue grew 34%.

About the Company

SiteMinder provides a platform that helps hotels distribute rooms, rates and inventory across online travel agents, their own websites and other channels. It earns subscription revenue, along with transaction fees linked to bookings made through its platform. Its customers are hotels and accommodation groups worldwide.

Sector Context

Hotel distribution software depends on global travel demand, booking volumes and the number of properties using the platform. Currency movements affect the reported figures of companies with large overseas revenue. The release noted heightened geopolitical and global travel uncertainty during the year.

Risks to Watch

The company said geopolitical and travel uncertainty affected the year, and the strengthening Australian dollar reduced reported revenue and profit. Competition from other channel managers and booking platforms could affect pricing and retention.

Reported profitability remains below breakeven, and the company's outlook depends on margin expansion and transaction growth continuing.

Catalysts on Watch

Progress towards the FY27 margin expansion, ARR growth in the 20s and Smart Platform adoption will be the main reference points. The company's half-year results will provide an updated view of the margin trajectory.

Closing Remarks

SiteMinder delivered strong FY26 ARR and adjusted EBITDA growth, with a narrower reported loss. Its shares closed at $3.41 on 6 November 2026, down 5.54%, a larger decline than the Info Tech benchmark's fall of 0.78%. Future results will show whether the margin path continues.

FAQs

Q: What was SiteMinder's share price on 6 November 2026?

A: SiteMinder (ASX:SDR) closed at $3.41 on 6 November 2026, down 5.54% for the trading session.

Q: What were the FY26 results?

A: ARR rose 24.1% to $313.7 million on a constant currency and organic basis, revenue rose 22.0% to $266.1 million, and adjusted EBITDA rose 96.5% to $28.1 million.

Q: What is the reported net loss?

A: The reported net loss was $11.3 million, narrowing from $24.5 million in FY25.

Q: What margin does SiteMinder expect?

A: The company expects its adjusted EBITDA margin to expand meaningfully in FY27 and reach the mid-20s by FY30.

Q: What does SiteMinder do?

A: SiteMinder provides distribution and channel management software for hotels and accommodation providers.

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