ikeGPS FY26 Financial Results and Performance Update

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Stock Ikegps Group Ltd (IKE.ASX)
Release Time 29 May 2026, 7:31 a.m.
Price Sensitive Yes
 Ikegps Group Ltd FY26 Financial Results and Performance Update
Key Points
  • FY26 Platform Subscription Revenue ~NZ$19.2m (+33% vs pcp)
  • Positive underlying EBITDA achieved in the month of March 2026
  • FY27 guidance for similar levels of growth for Platform Subscription revenue
Full Summary

Ikegps Group Ltd (IKE) reported its FY26 financial results, showcasing a 33% increase in platform subscription revenue to ~NZ$19.2m. The company achieved positive underlying EBITDA in March 2026 and maintained a strong gross margin percentage of ~80%. The company also highlighted the successful adoption of AI within its operations and products, resulting in a ~10% price increase across the IKE Office Pro subscription base. IKE's balance sheet remained strong with total cash of ~NZ$32.8m and no debt. The company expects similar levels of growth for platform subscription revenue in FY27, supported by its strategic market positioning and upcoming product launches.

Guidance

FY27 platform subscription revenue growth expected to be similar to FY26 levels

Outlook

IKE expects continued growth in FY27, driven by strong subscription revenue, product development, and market positioning.