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Small Cap Stocks Down Under 20 January 2022: Siteminder (ASX:SDR)
SiteMinder: An attractively valued SaaS play
SiteMinder is a company that we wrote about roughly 12 months ago. The company has a SaaS platform that manages all of a hotel’s need to operate in the digital space, from guest data, reservations, UX design, web analytics and managing third-party hotel listings. Unless you’ve never booked a hotel online, there’s a good chance that you have contributed to Siteminder’s revenue. SiteMinder listed at the end of 2021 and initially rose on the hope that 2022 would be a rebound for travel and that the company could cash in. But during the
2022 Tech Crunch, investors have become increasingly deaf towards companies that are not profitable yet. We think this stock is four stars, though
Click here to read the previous edition of Small Cap Stocks Down Under published 13 January 2023.