Ikegps — 1H FY23 Earnings Presentation

4 slides from Ikegps's earnings presentation, Oct 18, 2022

Slide 1: 1H FY23 Performance Update
FOR IMMEDIATE RELEASE, 18 October 2022 1H FY23 Performance Update Positive cash flow of $2.2m in Q2 FY23, positive cash flow of $1.1m in 1H FY23 Revenue of ~$15.4m in 1H FY23 (+170% vs pcp) Continued demonstration of operating leverage and balance sheet strength IKE performance update for 1H FY23 ik
Slide 2: Momentum across the business
Momentum across the business is set out in the following table and charts: 1H FY23 PCP (1H FY22) % Change Total revenue $15.4m $5.7m +170% Platform Transactions # of billable transactions 259k 160k +62% Platform transaction revenue $9.4m $2.3m +309% Gross Margin $3.6m $1.0m +260% Gross Margin % 38%
Slide 3: Takeaways: revenue growth and transaction revenue
Takeaways 170% total revenue growth against PCP. Recurring subscription and reoccurring transaction revenues (shown by the Green and Blue segments in this chart) dominate IKE’s revenue mix. This element continues grow positively because of the investment into extending software products, underpinnin
Slide 4: About ikeGPS
About ikeGPS We’re IKE, the PoleOS™ Company. IKE seeks to be the standard for collecting, analysing and managing pole and overhead asset information for electric utilities, communications companies, and their engineering service providers. The IKE platform allows electric utilities, communications c