Slide 1: Gentrack Group FY25: Delivering on Guidance and Positioning for Growth
For personal use only Gentrack Group FY25 Delivering on Guidance and Positioning for Growth 24 Nov 2025 [NZX/ASX: GTK] © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack.
Slide 2: Disclaimer
Disclaimer For personal use only This presentation may contain forward-looking statements. Forward-looking statements often include words such as ‘anticipate’, ‘expect’, ‘plan’ or similar words in connection with discussions of future operating or financial performance. The forward-looking statement
Slide 3: Key metrics across the last 5 years
Key metrics across the last 5 years 5Y CAGR 22% 5Y CAGR 21% For personal use only © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 3
Slide 4: FY25 Business Review
For personal use only Gentrack FY25 Business Review Gary Miles Chief Executive Officer © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 4
Slide 5: Financial Headlines
FY24 FY25 Financial Headlines REVENUE $213.2M $230.2M Revenue growth of 8% to $230.2m, results in line with guidance. 7.9% For personal use only Utilities revenue up 7%: UTILITIES $181.3M $193.4M • Recurring revenue is 12% higher from prior period wins REVENUE 6.7% & upsells. • Offset by lower NRR (
Slide 6: Outlook
Outlook For personal use only Consistent with managements’ track record, we are pleased to continue to deliver on our guidance, which for FY25 was $230m revenue at 12% EBITDA margin. Based on the scale and maturity of our pipeline we are confident that revenue growth will be higher in FY26 than in F
Slide 7: Our Strategy Evolution for Utilities
Our Strategy Evolution for Utilities STABILIZE AND MODERNIZE ACCELERATE GROWTH OUR AMBITION GROW BASE AND EXPAND For personal use only Focus on core markets, customer Launch g2.0 technology stack Execute against our pipeline in Asia Lead the global modernization centricity & returning to growth and
Slide 8: Customer Momentum
Customer Momentum MAJOR RENEWALS, UPSELL GO-LIVES NEW LOGOS For personal use only RENEWALS NEW PROJECTS 6 months from contract to 1st live customer District heating UK utilities with Santos Dumont Rio © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 8
Slide 9: NAV Canada Billing Contract
NAV Canada Billing Contract Veovo's largest billing customer | new market segment | long term contract | strategic partnership About NAV Canada Why Veovo? For personal use only Air traffic control services for the whole of Canada Resilience and future readiness: SaaS platform to meet needs of next 2
Slide 10: CEO Closing Remarks
CEO Closing Remarks For personal use only Following a year of international pipeline development in FY25 we look to return to higher revenue growth this year. Strong and growing pipeline across EMEA & APAC gives us confidence in our medium-term targets. Going live at Genesis was a key milestone for
Slide 11: FY25 Results
For personal use only Gentrack FY25 Results John Priggen Chief Financial Officer © Gentrack 2024. All rights reserved. This document is the intellectual property of Gentrack.
Slide 12: Group Profit and Loss
Group Profit and Loss NZ$m • Group revenue up 8% includes strong growth in recurring revenues of 13%. FY 24 FY 25 For personal use only • EBITDA up 18% to $27.8m, margin up 1% to 12%. o Margin before LTI costs of 16% v 19% in FY24. We have increased our investment in Product including the costs of l
Slide 13: Utilities Revenue Analysis
Utilities Revenue Analysis NZ$m FY 25 FY 24 Total:$193.4m Utilities revenue grew by 7% to $193.4m, with recurring Total:$181.3m revenues up 12%: from prior periods wins and upgrades. This uplift was partially offset by lower non-recurring revenues (5% For personal use only lower than in FY24), a ref
Slide 14: Utilities Operating costs
Utilities Operating costs NZ$m Utilities Costs FY25 v FY24 • In FY25 we stepped up our investment in Product, For personal use only including the cost of taking g2.0 to market, to $37.4m. FY24 FY25 YoY % • Our sales & marketing spend increased by $1.7m in Utilities Revenue 181.3 193.4 6.7% FY25 v FY
Slide 15: Veovo Revenue Analysis
Revenue Analysis NZ$m Veovo Revenue FY25 v FY24 Revenue at $36.8m,15% growth For personal use only Revenue by region over FY24 FY 25 EMEA FY 24 $36.8m $22.5m • Veovo has had another strong year, $31.9m continuing to grow, win and renew $20.2m customers while delivering more AMERICAS projects than ev
Slide 16: Cashflow
Cashflow • Cash at $84.8m is $18.1m higher than the NZ$m start of the year and we have no external For personal use only debt. FY 24 FY 25 YoY % • Strong cash conversion demonstrating quality of Cash Balance as at Beginning of Period 49.2 66.7 36% earnings – underlying cash generation of $23m is 83%
Slide 17: Growth in FY26 and into FY27
Growth in FY26 and into FY27 Utilities Growth For personal use only • Recurring Revenues: we expect our software & support revenues to grow c.10% in FY26 following several recent go-lives and others expected. It is too early to forecast Managed Services recurring revenue growth. • NRR: we plan to gr
Slide 18: Q&A
For personal use only Q&A © Gentrack 2024. All rights reserved. This document is the intellectual property of Gentrack.
Slide 19: Reconciliation to Financial Statements
Reconciliation to Financial Statements NZ$m For personal use only This sets out how CMRR; TRR and NRR shown in this presentation reconciles to revenue disclosure in the Financial Statements. © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 19
Slide 20: Thank you
For personal use only Thank you © Gentrack 2024. All rights reserved. This document is the intellectual property of Gentrack.