ikeGPS FY26 Results Investor Presentation

Open PDF
Stock Ikegps Group Ltd (IKE.ASX)
Release Time 29 May 2026, 7:34 a.m.
Price Sensitive Yes
 Ikegps Group Ltd FY26 Results Presentation
Key Points
  • FY'2026 Platform Subscription revenue of ~$19.2m, a 33% growth
  • Achieved positive underlying EBITDA in March 2026
  • FY'2026 Annualized Exit Run Rate (ERR) Platform Subscription Revenue ~NZ$20.7m
  • FY'2026 YTD Total Revenue ~NZ$26.6m, a 6% growth
  • FY'2026 Gross Margin percentage increased to ~80%
Full Summary

Ikegps Group Ltd presented its FY26 results, highlighting significant growth and improvements across various metrics. The company reported a 33% growth in FY'2026 Platform Subscription revenue to approximately $19.2 million, achieving 99% of its target. Additionally, Ikegps achieved positive underlying EBITDA in March 2026, aligning with guidance. The Annualized Exit Run Rate (ERR) for Platform Subscription Revenue was approximately $20.7 million, reflecting an 18% growth. Total YTD Revenue for FY26 reached approximately $26.6 million, showing a 6% growth. Gross Margin percentage increased to approximately 80%, up from 69% in the prior calendar period. The company also reported a total cash position of approximately $32.8 million, with no debt.

Guidance

FY26: Guidance delivered. Revenue up, opex scales more slowly as AI adoption & implementation proliferates

Outlook

Ikegps Group Ltd is positioned to capitalize on the massive grid modernization cycle in North America, driven by federal resilience funding and broadband deployment initiatives. The company's AI-powered solutions are expected to play a critical role in addressing the infrastructure challenges and opportunities in the utility sector.