ikeGPS Group Posts Higher Revenue in Fiscal 2026

MT Newswires Live

Apr 23

ikeGPS Group (ASX:IKE, NZE:IKE) reported total revenue of around NZ$26.6 million for fiscal 2026, up 6% compared with the previous year, according to a Thursday Australian and New Zealand bourse filing.

The company reported total revenue of NZ$25.2 million for the 12 months ended March 31, 2025, an earlier filing showed.

The company reported an exit run rate of platform subscription revenue of about NZ$20.7 million annualized, up 18% from a year ago.

The company had 463 subscription customers in fiscal 2026, added 83 new customers during the year, and maintained a customer retention rate of around 97%.

The company materially delivered around 35% subscription revenue growth in fiscal 2026 guidance and expects similar levels of growth in platform subscription revenue for fiscal 2027.

The company reported total cash of NZ$33 million as at March 31, with net receivables of NZ$4.3 million and no debt.

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