Business
IKE: Strong subscription growth and margin expansion, with EBITDA break-even targeted for FY26
IKE: Strong subscription growth and margin expansion, with EBITDA break-even targeted for FY26
About this update from Ikegps Group Ltd
Revenue grew 19% to NZ$25.2m in FY25, driven by 34% growth in subscription revenue and improved gross margin to 69%. Adjusted EBITDA loss narrowed to NZ$6.1m, and the company expects 35%+ subscription revenue growth and EBITDA break-even in FY26.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.