Operator

Good day, and welcome to the Serko FY '26 Full Year Results Announcement. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Darrin Grafton, CEO. Please go ahead.

Darrin Grafton
Co-Founder, CEO & Executive Director

Good morning, everyone, and thanks for joining our investor briefing for FY '26 financial results. I'm Darrin Grafton, CEO of Serko, and I'm joined by our CFO, Shane Sampson; and our COO, Matthew Gerrie.

Let's begin on Slide 4. This morning, I'll take you through our performance and highlights for the year. Shane will cover the financial results in detail, and Matt will update you on our strategic progress. I'll then return to cover our FY '27 outlook before the Q&A. Unless otherwise stated, all comparisons are to the FY '25 and dollar references are to the New Zealand dollar.

FY '26 was a strong year for Serko, demonstrating both the quality of our business and our ability to execute. We delivered total income at the top end of our narrowed guidance range and materially grew our EBITDAFI. Booking.com for Business continues to deliver strong growth, and we remain the market leader in Australasia.

We are also leveraging our IP and experience to drive rapid progress. Serko.ai is now in a closed beta in the U.S. with the first users onboarded. Finally, disciplined cost management continues to support efficient growth with total