Interim Financial Statements Six Months Ended 31 March 2026
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| Stock | Gentrack Group Ltd (GTK.ASX) |
|---|---|
| Release Time | 18 May 2026, 7:30 a.m. |
| Price Sensitive | Yes |
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Gentrack Group Interim Financial Results for H1 FY26
Key Points
- Group recurring revenue increased by 12% to $85.3m
- Total revenue at $110.1m, a slight decrease from $112m in H1 FY25
- Veovo's recurring revenue grew by 33% to $12.0m
- Two acquisitions announced in May 2026: DTP and Factor
- Strong balance sheet with cash reserves of $73.2m and no debt
Full Summary
Gentrack Group Limited reported its interim financial results for the six months ended 31 March 2026. The company's group recurring revenue increased by 12% to $85.3m, while total revenue slightly decreased to $110.1m from $112m in the prior period. Veovo's recurring revenue grew by 33% to $12.0m, reflecting strong growth in recurring revenue. The company maintained a strong balance sheet with cash reserves of $73.2m and no external debt. Gentrack announced two acquisitions in May 2026: Dubai Technology Partners (DTP) and Factor, which will enhance Veovo's global customer base and add forecasting and pricing technology to the g2 platform, respectively.
Guidance
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Outlook
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