Slide 1: Gentrack Group HY25
For personal use only Gentrack Group HY25 19 May 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: HY25 Business Review
For personal use only Gentrack HY25 Business Review Gary Miles Chief Executive Officer © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 3
Slide 4: Financial Headlines
HY24 HY25 Financial Headlines REVENUE $102.0M $112.0M Revenue growth of 9.8% to $112m 9.8% Utilities revenue up 7.2%: For personal use only • Recurring revenue is 17% higher from prior period UTILITIES $86.5M $92.8M wins & upsells. REVENUE 7.2% • Offset by lower NRR (down 12%), reflecting the high l
Slide 5: FY25 Outlook
FY25 Outlook For personal use only For FY25, we expect revenue to be at or above $230m and our EBITDA margin to be above 12%. This is a year of transition as we expand into Asia, the Middle East and Europe, building on early wins and a maturing pipeline. With our global leadership ambitions, our pro
Slide 6: Our Vision
Our Vision Accelerating the world towards a net zero future by For personal use only leading the global modernization of energy & water retailers © Gentrack 2025. All rights reserved. This document is the intellectual property of Gentrack. 6
Slide 7: Technology Momentum
Technology Momentum BEST-IN-CLASS MODERN BILLING & CRM → G2 BEST-IN-CLASS SERVICES For personal use only G2 is the best technical stack to maximize business performances ▪ WE’RE GLOBAL deployed across multiple countries and markets for Energy and Water ; from residential (B2C) to Industrial & Commer
Slide 8: Customer Momentum
Customer Momentum CUSTOMER SUCCESS CUSTOMER RENEWALS, UPSELL NEW CUSTOMER (BILLING) For personal use only Our customers excel in RENEWALS NEW PROJECTS CUSTOMER EXPERIENCE Nb1 Best Customer UK Service (2024) with Nb1 Most Satisfied Customers (2024) AUS NSW, QLD, VIC, Dual Fuel ▪ Multi-Products Nb1 Pe
Slide 9: Becoming a Global Leader as the World Transforms
Becoming a Global Leader as the World Transforms GREAT BRITAIN STACK MODERNISATION WE BELIEVE THE REST OF THE WORLD WILL FOLLOW CASE STUDY For personal use only Electricity supply market share by utilities using SAP & Oracle. As part of our global expansion, our focus areas Domestic GB Elec. and tar
Slide 10: Amber Momentum
Amber Momentum TECH & MARKET UPDATES INTERNATIONAL SUCCESS AWARDS For personal use only AMBER FOR EV LAUNCH → V2G Completed first smart charging SECURED SECOND UK PARTNER, automation trial, helping households ECOTRICITY, BUILDING ON charge at the lowest-cost, and lowest- MOMENTUM FROM E.ON NEXT emis
Slide 11: HY25 Results
For personal use only Gentrack HY25 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 • Group revenue up 9.8% includes strong growth in recurring revenues of 16.7%. NZ$m • EBITDA at $13m v $12.3m in HY24 For personal use only HY 24 HY 25 o Margin before LTI costs of 17% v 18% in HY24 as we invest Utilities Veovo Total Utilities Veovo Total more in Sales and our
Slide 13: Utilities Revenue Analysis
Utilities Revenue Analysis NZ$m For personal use only Utilities Revenue HY25 v HY24 HY 25 HY 24 • Revenue at $92.8m: 7.2% growth over HY24 Total:$92.8m Total:$86.5m • Recurring revenue up 17% v HY24 as prior periods wins and upgrades follow through into recurring revenue. • Partially offset by lower
Slide 14: Utilities Revenue Analysis
Utilities Revenue Analysis NZ$m HY25 v HY24 Revenue by region Underlying revenue 8% • Continued growth in UK & Australia. For personal use only 11% • NZ revenue flat, with Genesis upgrade spanning FY24 to FY26. 2% • ROW includes Saudi Arabia; Singapore, Philippines and Pacific Islands. ROW 0% Top 10
Slide 15: Veovo Revenue Analysis
Revenue Analysis NZ$m Veovo Revenue HY25 v HY24 • Revenue at $19.2m: 24% growth For personal use only Revenue by region over HY24. Diven by customer wins HY 25 EMEA last year in the UK and the Middle East $19.2m $12.4m and upgrades in APAC. HY 24 $15.5m $10.0m • 14% higher recurring revenues v AMERI
Slide 16: Utilities Expenditure Analysis
Utilities Expenditure Analysis NZ$m Utilities Costs HY25 v HY24 For personal use only • $3.5m increase in direct costs to support higher revenues. • Increased our investment in Product/R&D this half, spending c.16% of Utilities’ revenue v c.14% in HY24, an increase of $2.5m. • $1.3m increase in Sale
Slide 17: Cashflow
Cashflow NZ$m For personal use only • Cash at $70.7m is c.$4m higher than the start HY 24 HY 25 YoY % Cash Balance as at Beginning of Period 49.2 66.7 36% of the year EBITDA 12.3 13.0 5% • Compares to $39.3m at HY24. Change in working capital (employee costs) -4.9 -9.5 93% • H1 is when we pay staff
Slide 18: CEO Closing Remarks
CEO Closing Remarks For personal use only Across water, energy and airports our pipeline continues to strengthen and mature. We achieved growth in our base and secured exciting new projects like Utility Warehouse. We target to announce new wins in the second half of this year as g2 gains momentum. A
Slide 19: Q&A
For personal use only Q&A © Gentrack 2024. All rights reserved. This document is the intellectual property of Gentrack.
Slide 20: HY25 on a Constant Currency Basis
HY25 on a Constant Currency Basis This compares HY25 results against what those results would have been if they had been booked at HY24 exchange rates. For personal use only HY25 NZ$m HY25 Constant Difference % Currency Revenue 112.0 107.3 -4.8 -4.2% Operating Costs 99.1 95.2 -3.9 -3.9% EBITDA 13.0
Slide 21: 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. 21
Slide 22: Thank you
For personal use only Thank you © Gentrack 2024. All rights reserved. This document is the intellectual property of Gentrack.