ikeGPS Group achieves 35% growth in subscription revenue

Grafa
ikeGPS Group achieves 35% growth in subscription revenue
ikeGPS Group achieves 35% growth in subscription revenue
Isaac Francis
Written by Isaac Francis
Share

ikeGPS Group (ASX:IKE) reported a strong performance for the nine months ended Dec. 31, 2025, with its annualised subscription revenue exit run rate climbing 35% to NZ$21.1 million.

The growth was complemented by a 38% increase in recognised subscription revenue and a significant expansion in gross margins, which reached 79%.

Supported by a cash position of NZ$32.3 million and zero debt, the company reaffirmed its FY26 guidance for 35% or greater growth in subscription revenue.

Management expects to reach EBITDA breakeven on a monthly run-rate basis by the end of the fiscal year, driven by strong demand for its AI-powered PolePilot platform and grid modernization projects across North America.

Conecte-se conosco

Aviso Legal

A Grafa não é um consultor financeiro. Você deve buscar aconselhamento independente, jurídico, financeiro, tributário ou de outra natureza que se relacione às suas circunstâncias únicas.

A Grafa não se responsabiliza por qualquer perda causada, seja por negligência ou de outra forma, decorrente do uso ou da confiança nas informações fornecidas direta ou indiretamente pelo uso desta plataforma.