ikeGPS Group Limited Ordinary Shares

IKE.NZX

Information Technology

IKE seeks to be the standard for collecting, managing and analysing pole and overhead asset information for electric utilities, communications companies and their engineering service providers. Usage of the IKE solution shows that against existing work practices IKE increases efficiency for field engineering by approximately two times and increases efficiency for back-office engineering by approximately five times. ikeGPS is headquartered in Wellington, New Zealand. The company's sales, marketing, support and training organization is based in Broomfield, Colorado USA, supporting its customers across North America.

Market Data

Price

$1.165

+0.0%
Market Cap

$226.1M

P/E Ratio

-14.3x

EPS

$-0.081

Div. Yield

0.00%

52-Week Change

+0.2%

Latest Earnings

FY26 Financial Results

29 May 2026

Revenue
$26.60
+5.5% YoY
NPAT
-$7.49
+54.1% YoY
EPS
$-0.04

ikeGPS Group (NZX/ASX: IKE) delivered FY26 full-year results to 31 March 2026, with platform subscription revenue growing 33% to NZ$19.2M, materially meeting guidance, while total revenue rose 6% to NZ$26.6M. Gross margin expanded significantly to ~80% (from 69% pcp) driven by the high-margin subscription mix, and EBITDA improved to NZ$(5.0M) from NZ$(6.9M) pcp, with positive underlying EBITDA achieved in March 2026. The company exited the year with NZ$32.8M cash and no debt, and guided FY27 platform subscription revenue growth at similar ~33% rates. Key points: Platform subscription revenue grew 33% to NZ$19.2M, materially meeting FY26 guidance of ~35% growth, with gross margins of 94%; Gross margin expanded dramatically to ~80% from 69% pcp, reflecting increasing subscription mix in total revenue; Positive underlying EBITDA achieved in the month of March 2026, meeting the key FY26 milestone guidance

Recent Announcements

29 May 2026 Actual Results Positive

FY26 Financial Results

ikeGPS Group (NZX/ASX: IKE) delivered FY26 full-year results to 31 March 2026, with platform subscription revenue growing 33% to NZ$19.2M, materially meeting guidance, while total revenue rose 6% to NZ$26.6M. Gross margin expanded significantly to ~80% (from 69% pcp) driven by the high-margin subscription mix, and EBITDA improved to NZ$(5.0M) from NZ$(6.9M) pcp, with positive underlying EBITDA achieved in March 2026. The company exited the year with NZ$32.8M cash and no debt, and guided FY27 platform subscription revenue growth at similar ~33% rates. Key points: Platform subscription revenue grew 33% to NZ$19.2M, materially meeting FY26 guidance of ~35% growth, with gross margins of 94%; Gross margin expanded dramatically to ~80% from 69% pcp, reflecting increasing subscription mix in total revenue; Positive underlying EBITDA achieved in the month of March 2026, meeting the key FY26 milestone guidance

28 May 2026 Date Announcement Neutral

Full Year Results - 29 May 2026

Upcoming full year results expected 29 May 2026 (from NZX schedule)

28 May 2026 Actual Results Neutral

IKE date for release of FY26 Financial Statements

ikeGPS Group Limited (IKE) has announced it will release its FY26 Full Year Financial Statements for the year ended 31 March 2026 on 29 May 2026. This announcement contains no financial results — it is solely a scheduling notice for the upcoming earnings release and investor webinar with CEO Glenn Milnes. No financial metrics, guidance, or performance data have been disclosed at this time. Key points: FY26 Full Year Financial Statements for the year ended 31 March 2026 will be released on 29 May 2026; Investor webinar scheduled for 29 May 2026 at 11:00am AEDT / 1:00pm NZDT with CEO Glenn Milnes; Investors can pre-submit questions or participate live via the Q&A function during the webinar

14 May 2026 Sph Neutral

SPH Notice - Regal Partners Funds Management Pty Ltd

Regal Partners Funds Management Pty Ltd changed substantial holding from 11.606% to 12.715%.

30 Apr 2026 Sph Neutral

SPH Notice - Regal Partners Funds Management Pty Ltd

Regal Partners Funds Management Pty Ltd changed substantial holding from 10.526% to 11.606%.

23 Apr 2026 Positive

ikeGPS 4Q FY26 and Full Year FY26 Performance Update

ikeGPS delivered FY26 financial guidance with platform subscription revenue reaching ~NZ$19.2m (+33% growth) and positive underlying EBITDA achieved in March 2026, while guiding for similar subscription growth rates in FY27 amid strong market tailwinds in North American utility infrastructure modernization.

20 Apr 2026 Neutral

IKE’s quarterly performance update timing

ikeGPS Group Limited (NZX: IKE / ASX: IKE) will release its performance update for the year ended 31 March 2026 on Thursday, 23 April 2026, followed by a webinar with CEO Glenn Milnes at 11:00am AEDT/1:00pm NZDT on the same day.

12 Feb 2026 Leadership Neutral

IKE appoints Rod Snodgrass as Independent Director

IKE Group appointed Rod Snodgrass, former Chief Strategy Officer and Chief Product Officer at Spark NZ and CEO of Spark Ventures, as a non-executive director. Snodgrass will join IKE's Audit & Risk Committee and brings extensive experience in telecommunications infrastructure and business transformation.

10 Feb 2026 Sph Neutral

SPH Notice - Scobie Dickinson Ward

Scobie Dickinson Ward ceased to be a substantial shareholder in IkeGPS Group Limited after reducing holdings from 6.98% (11.24M shares) to 4.76% (9.24M shares) through a series of on-market sales totaling approximately 2 million shares between November 2025 and February 2026.

9 Feb 2026 Sph Neutral

SPH Notice - UBS Group AG and its related bodies corporate

UBS Group AG and its related bodies corporate increased their substantial holding in ikeGPS Group Limited from 5.13% to 6.15% (from 9,964,607 to 11,941,701 shares), crossing the 1% threshold that requires disclosure.

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