Ikegps Group Ltd · NZX:IKE
Ikegps — Q3 FY25 Earnings Presentation
5 slides from Ikegps's earnings presentation, Jan 28, 2025
Slide 1: 3Q25 Performance Update
For immediate release, 28 January 2025 3Q25 Performance Update Continued strong growth of annual subscription revenue exit run rate (+43% vs pcp). Record ~NZ$44m in contracts closed in the nine-month period. Total cash & net receivables growth of +NZ$4m in the quarter. Gross margin dollar growth of
Slide 2: contracts will be recognized over a multi-year period, with the execution of certain transaction
contracts will be recognized over a multi-year period, with the execution of certain transaction contracts dependent on IKE customers completing their associated engineering. Our balance sheet remains strong. The cash and net receivables position increased NZ$4m in the quarter. This is a result of c
Slide 3: Takeaways
Takeaways +43% YoY growth in the exit run rate (ERR) of annual platform subscription revenue. As stated, during the full FY25 period this metric is expected to continue to grow materially (by ~+40% or greater vs pcp) driven by continued growth of IKE Office Pro subscription sales and successful sell
Slide 4: Takeaways
Takeaways (NZ$000) Recurring subscription and reoccurring transaction revenues (shown in the green and blue segments in this chart) dominate IKE’s revenue mix, at 86% for YTD FY25. An expectation for healthy revenue growth in the full FY25 period, including ~+40% or greater growth in recognized subs
Slide 5: About IKE
ENDS About IKE We are IKE, the PoleOS™ Company. IKE aims to become the standard for collecting, analyzing and managing pole and overhead asset information for electric utilities, communications companies, and their engineering service providers. The IKE platform enables electric utilities, communica