Ikegps Group Limited
IKE.ASXInformation Technology
Market Data
$0.975
+0.0%$187.3M
-100000.0x
$-0.094
0.00%
+0.1%
Latest Earnings
ikeGPS FY26 Financial Results and Performance Update
29 May 2026
ikeGPS delivered strong FY26 results with platform subscription revenue reaching NZ$19.2m (+33% YoY), materially in line with guidance, and achieved positive underlying EBITDA in March 2026. The company added 83 new subscription customers, grew PoleForeman ARR to NZ$11m in just two years, and successfully implemented a ~10% price increase via new AI features (PolePilot) with no churn. FY27 guidance targets similar subscription revenue growth rates, supported by strong market tailwinds from US grid modernization and a robust cash position of NZ$33m with zero debt. Key points: Platform subscription revenue of NZ$19.2m grew 33% YoY, exceeding guidance expectations of ~35% growth; Achieved positive underlying EBITDA in March 2026, demonstrating clear path to profitability with improving unit economics; PoleForeman ARR reached NZ$11m in just two years from launch, with adoption by 8 of 10 largest North American electric utilities and ~200 customers
Recent Announcements
ikeGPS FY26 Financial Results and Performance Update
ikeGPS delivered strong FY26 results with platform subscription revenue reaching NZ$19.2m (+33% YoY), materially in line with guidance, and achieved positive underlying EBITDA in March 2026. The company added 83 new subscription customers, grew PoleForeman ARR to NZ$11m in just two years, and successfully implemented a ~10% price increase via new AI features (PolePilot) with no churn. FY27 guidance targets similar subscription revenue growth rates, supported by strong market tailwinds from US grid modernization and a robust cash position of NZ$33m with zero debt. Key points: Platform subscription revenue of NZ$19.2m grew 33% YoY, exceeding guidance expectations of ~35% growth; Achieved positive underlying EBITDA in March 2026, demonstrating clear path to profitability with improving unit economics; PoleForeman ARR reached NZ$11m in just two years from launch, with adoption by 8 of 10 largest North American electric utilities and ~200 customers
Ceasing to be a substantial holder
Ellerston Capital Limited (Primary Person), and its associates being those persons listed in Annexure B ceased to be a substantial holder.
Get real-time alerts for IKE
Receive AI-powered earnings summaries and instant notifications when Ikegps Group Limited releases results.
Register Free