SDR 1.07% $5.57 siteminder limited

This is an interesting stock, and I've no doubt that eventually...

  1. 368 Posts.
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    This is an interesting stock, and I've no doubt that eventually it might become profitable.

    But I'm honestly shocked at the income statement. Over $100m in employee benefits, and of course that won't include any capitalized R&D. How big is this company, it really needs ~1000 employees? Seems incredibly excessive for a pure software business. Are all these people answer the phones when hotels are calling for tech support?

    They need an Elon Musk to come do some cost optimization.
 
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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