Slide 1: IKE 1Q FY27 Performance Update
For immediate release, 29 July 2026 IKE 1Q FY27 Performance Update Platform Subscription Revenue Exit Run Rate growth of 31% vs pcp FY27 Guidance: similar levels of growth for Platform Subscription Revenue as prior year (+33%) New products forecasted to be in market in 2H, expected to drive further
Slide 2: CEO commentary: new products, subscription growth and AI
Commenting on IKE's 1Q FY27 performance, CEO & Managing Director Glenn Milnes said: New Product Innovation and Additive ARR In 2025 IKE was funded to invest in new products and AI-first technology. Release timing of these products remains on track for 2H of this financial year. The first module of o
Slide 3: Grid modernization market and FY27 outlook
As consistently communicated, the US distribution grid is in the midst of a once-in-a- generation modernization cycle. Distribution capex has more than doubled to over $50 billion, and digital & software spend on the grid is also expected to reach over $50 billion a year by 2030. There are approxima
Slide 4: Platform Subscription Revenue and Platform Seats Takeaways
Platform Subscription Revenue Takeaways • +27% YoY growth platform subscription revenue • New customer adds, upsells and strong revenue retention driving recurring revenue growth. Platform Seats Takeaways • 19% seat growth June 30 FY 27 versus June 30 FY 26 • 31% CAGR Q1 June FY 27 vs June FY 25 4
Slide 5: Transaction Revenue Takeaways
Transaction Revenue Takeaways • Transaction revenue has reduced vs pcp as forecasted. • This is the lower margin element for IKE that primarily supports services for communications companies deploying fibre. • This component of IKE’s revenue mix is expected to continue to have volatility.
Slide 6: Revenue by Segment Takeaways
Revenue by Segment Takeaways • Recurring subscription revenues dominate IKE’s revenue mix and continue to grow strongly. • An expectation for healthy growth in the FY27 period, including ~33% growth in subscription revenue.
Slide 7: About IKE
About IKE ikeGPS Group Limited (NZX/ASX: IKE) is the PoleOS company. IKE's software platform helps electric utilities and communications companies assess, digitize, model, and manage distribution infrastructure — improving safety, reducing cost, and accelerating the pace of grid modernization and br