ikeGPS Group Limited (IKE) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'll hand it over to you. Great. Thank you, Simon. And thank you, everyone, for taking the time to join. We've had a lot of information in the market over the last two months or so in terms of the year end and the audit and then the annual report. But please update everyone on the first quarter. It's been a really strong quarter. It's ahead of our plan, ahead of our targets. And Paul will take you through the numbers, but we were about 31, 32 percent up against prior calendar period in terms of exit run rates for our subscription revenue base. Gross margins kept improving. I think the thing that as owners of the business and shareholders you'll be most interested in is where we are in terms of coming to market with three new products and I would like to take you through those because they will drive we hope if we execute well materially more ARR growth based on a customer council and industry demand in terms of what we are building and we are being a little bit coy at the moment because of competitive factors around exactly what we're shipping through the second half of this year but uh we we do have a new platform coming that takes us into the the management of the electrical side of the grid you know taking power from the distribution assets on the street into the into a home or a business uh we've got a a next generation product coming that takes us into make ready engineering so that means Electric Utility can design and develop more capacity in terms of their grid infrastructure and we've got a new communications module for the fibre industry. So all of these things are in flow and wanted to make sure everyone's up to speed on that. It's what we got funded to build and develop. And then there's a final thing around AI. We've now got our entire Ike-specific platf...