Ikegps Group Ltd · NZX:IKE
Ikegps — Q1 FY2022 Earnings Presentation
7 slides from Ikegps's earnings presentation, Jul 27, 2021
Slide 1: Q1 FY22 Performance Update
FOR IMMEDIATE RELEASE 27 July 2021 Q1 FY22 Performance Update Another strong period for new contracts ikeGPS (IKE) is pleased to release an update for the quarter to 30 June 2021 (all figures NZD). The IKE platform allows electric utilities, communications companies, and their engineering service pr
Slide 2: Highlights for the June 2021 quarter
Highlights for the June 2021 quarter: + Revenue in the quarter of approximately $2.6m (approximately 12% higher than pcp and 30% higher than pcp on a constant currency basis). + New contracts closed in Q1 FY22 were for approximately $6.1m (greater than 300% higher than pcp). + This is another very s
Slide 3: Takeaways: growth in new contracts won
Takeaways • >300% growth in new contracts won against pcp provides confidence around the potential for strong revenue growth in the year ahead. Takeaways • Recurring subscription and transaction revenues have continued to grow in absolute and relative terms (shown by the Green and Blue segments in t
Slide 4: Subscription plus additive transaction
Takeaways • Transaction revenue is expected to be the major growth engine for IKE. • Approximately 190% higher transaction volume and 23% higher transaction revenue reflects success in transitioning to the ‘subscription plus additive transaction’ business model. Takeaways • Growth in overall number
Slide 5: Commentary
Takeaways • IKE’s revenue mix has shifted materially with greater than 78% of revenue expected from transaction & subscription sources in FY22 (shown by the blue bar in the chart). • This is an important continuing trend in terms of increased revenue quality and predictability to underpin growth as
Slide 6: Customer, brand and market commentary
+ The pipeline for additional potential IKE Insight customers has developed robustly, across a range of new pole-related market applications. Customer, brand and market commentary + IKE targets sales into North America’s approximately 200 communications companies, approximately 3,000 electric utilit
Slide 7: 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. Contact: Simon Hinsley Investor Relations +61-401-809-653 sim