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

$1.180

+0.0%
Market Cap

$230.0M

P/E Ratio

-28.9x

EPS

$-0.041

Div. Yield

0.00%

52-Week Change

+0.2%

Latest Earnings

ikeGPS Group FY26 Annual Report

30 June 2026

Revenue
$26.60
+6.0% YoY
NPAT
-$7.58

ikeGPS Group delivered its strongest year in FY26 (ending 31 March 2026), with platform subscription revenue growing 33% to NZ$19.2M and total revenue up 6% to NZ$26.6M, broadly in line with guidance. Gross margins expanded significantly to 80% from 69% in the prior year, driven by the high-margin subscription mix shift. The company ended the year with NZ$32.8M cash and no debt, achieved positive underlying EBITDA in March 2026, and provided FY27 guidance for continued subscription revenue growth at similar rates to FY26. Key points: Platform subscription revenue grew 33% to NZ$19.2M, reaching 99% of guidance target, with annualised exit run rate of NZ$20.7M (+18% vs pcp; +21% in constant currency); Gross margin expanded significantly to 80% (from 69% pcp), driven by subscription mix shift; subscription gross margin reached 94%; Adjusted EBITDA improved to -NZ$5.0M from -NZ$6.1M in FY25, with positive underlying EBITDA achieved in March 2026 — a key milestone

Recent Announcements

7 Jul 2026 Insider Neutral

Ongoing Disclosure Notice

Glenn Stefan Milnes, Chief Executive Officer of ikeGPS Group Limited (NZX:IKE), exercised employee share options on 6 July 2026 to acquire 62,890 ordinary shares, increasing his holding from 1,029,634 to 1,092,524 shares.

7 Jul 2026 Neutral

Capital Change Notice

ikeGPS Group Limited issued 217,747 ordinary shares on 07/07/2026 as the net settlement of 1,393,575 employee options at various prices ranging from $1.21 to $1.28 per share, representing 0.112% of the total class of financial products.

1 Jul 2026 Insider Neutral

Ongoing Disclosure Notice

Director Frederick Lax of ikeGPS Group Limited (NZX:IKE) exercised 250,000 employee share options on 1 July 2026, paying $265,000, increasing his ordinary share holding from 535,499 to 785,499 shares.

1 Jul 2026 Neutral

Capital Change Notice

ikeGPS Group Limited issued 250,000 unlisted employee share options on 1 July 2026 at an exercise price of $1.06 per share, with an exercise date of 24 June 2026, representing 0.129% of the total class of financial products.

30 Jun 2026 Actual Results Positive

ikeGPS Group FY26 Annual Report

ikeGPS Group delivered its strongest year in FY26 (ending 31 March 2026), with platform subscription revenue growing 33% to NZ$19.2M and total revenue up 6% to NZ$26.6M, broadly in line with guidance. Gross margins expanded significantly to 80% from 69% in the prior year, driven by the high-margin subscription mix shift. The company ended the year with NZ$32.8M cash and no debt, achieved positive underlying EBITDA in March 2026, and provided FY27 guidance for continued subscription revenue growth at similar rates to FY26. Key points: Platform subscription revenue grew 33% to NZ$19.2M, reaching 99% of guidance target, with annualised exit run rate of NZ$20.7M (+18% vs pcp; +21% in constant currency); Gross margin expanded significantly to 80% (from 69% pcp), driven by subscription mix shift; subscription gross margin reached 94%; Adjusted EBITDA improved to -NZ$5.0M from -NZ$6.1M in FY25, with positive underlying EBITDA achieved in March 2026 — a key milestone

26 Jun 2026 Neutral

Annual Meeting and Closing Date for Director Nominations

ikeGPS Group Limited (NZX:IKE, ASX:IKE) announced that its 2026 Annual Meeting of Shareholders will be held on Thursday, 10 September 2026, and opened a director nomination period that closes on Wednesday, 15 July 2026 at 5:00 pm NZT.

23 Jun 2026 Insider Neutral

Ongoing Disclosure Notice

Mark Ratcliffe, Director of ikeGPS Group Limited (NZX:IKE), exercised 50,000 employee share options on 23/06/2026 for $53,000 consideration, increasing his ordinary share holding from 239,780 to 289,780 shares, with the shares to be registered to Ratcliffe Barker Family Trust.

23 Jun 2026 Neutral

Capital Change Notice

ikeGPS Group Limited issued 50,000 unlisted employee share options on 23 June 2026 via cash settlement at $1.06 per option, representing 0.026% of the total class, with an exercise date of 16 June 2026 and exercise price of $1.06.

9 Jun 2026 Neutral

Capital Change Notice

ikeGPS Group Limited issued 250,000 unlisted employee share options on 5 June 2026 at an exercise price of $1.06 per security, with a cash settlement of $265,000, representing 0.13% of the total class of financial products.

8 Jun 2026 Neutral

ikeGPS Capital Change Notice

ikeGPS Group Limited net settled 22,795 unlisted employee share options on 29 April 2026 at $0.923 per security, representing 0.01% of the total class, with exercise prices ranging from $0.475 to $1.06 and an exercise date of 29 April 2026.

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