• Revenues increased 9.8% to $112m, with recurring revenues up 16.7%
• EBITDA up 5.1% to $13m as investments made in sales and product development
• Statutory NPAT increased 34.7% to $7.2m

Gentrack Group Limited, a leading provider of utility billing and airport management software, has reported its interim financial results for the six months ended 31 March 2025. The company's revenues increased 9.8% over the prior period to $112m, with the Utilities business growing 7.2% to $92.8m and the Veovo airport division growing 24% to $19.2m. Recurring revenues grew strongly, up 17%, as prior period wins and upgrades flowed through. EBITDA increased 5.1% to $13m, as the company invested more in sales and its next-generation product, g2.0. Statutory NPAT grew 34.7% to $7.2m, despite a $1.1m loss from the company's 10% stake in Amber Energy. Gentrack continues to generate strong cash flow, with $70.7m in cash at 31 March 2025, up $4m from the start of the year. The company is focused on global expansion, with recent customer wins in the UK, New Zealand, and the Middle East, as well as major 'go-lives' for its Veovo airport software. Looking ahead, Gentrack expects continued progress in both its Utilities and Veovo divisions, with the company confident in its ability to lead these transforming markets globally over time.

Gentrack is confident in its ability to lead the transforming utilities and airports industries globally over time, with continued progress expected in both its Utilities and Veovo divisions.