• Revenue increased 8% to $230.2m, with recurring revenue up 13% to $155.4m
• EBITDA grew 18% to $27.8m, with all R&D and g2.0 investment costs expensed
• Statutory NPAT profit of $20.9m, up 119% over FY24

Gentrack Group Limited has reported its financial statements for the year ended 30 September 2025. The company operates in the energy, water, and airports sectors, and is focused on helping the world accelerate towards a net zero future by leading the global modernisation of energy and water retailers. For the Group, revenues increased 8% over the prior period to $230.2m and the Group's recurring revenue was 13% higher at $155.4m, with both the Utilities and Veovo divisions seeing strong recurring revenue growth. EBITDA at $27.8m was 18% higher than FY24, despite increased investment in R&D and the deployment of the new g2.0 platform. Statutory NPAT of $20.9m was a 119% increase over the prior year, including a $2.2m loss from the company's 10% stake in Amber and $3.2m of foreign exchange gains. The company continues to generate strong cash flow, with cash at the end of the year increasing to $84.8m. Given the growth opportunities in its core markets, the Board has decided not to pay a dividend, instead reinvesting capital into the business. Gentrack's Utilities and Veovo divisions both saw significant customer wins and renewals during the year, including the first full scope deployment of the g2.0 platform at Genesis Energy in New Zealand. Veovo also had a strong year, with 30% underlying revenue growth and continued customer wins and project delivery. The company sees continued strong growth potential in both the utilities and airports sectors, which are undergoing significant digital transformation.

For the full 2025 financial year, Gentrack reported revenue of $230.2m, up 8% on the prior year, and EBITDA of $27.8m, up 18% on FY24. The company's recurring revenue grew 13% to $155.4m.

Gentrack operates in high growth and consolidating markets, and the company is confident in its ability to lead these markets globally over time. The utilities and airports industries are transforming at pace, and Gentrack is well-positioned to capitalize on the significant digital transformation opportunities in these sectors.