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How Is Gentrack Driving 9.8% Revenue Growth Amid Global Expansion?
2:20am on Monday 2nd of June, 2025 AEST
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Technology
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How Is Gentrack Driving 9.8% Revenue Growth Amid Global Expansion?
2:20am on Monday 2nd of June, 2025 AEST
Key Points
Revenue up 9.8% to NZ$112 million, driven by Utilities and Airports segments
Recurring revenues grew 16.7%, reflecting strong contract wins and upgrades
EBITDA increased 5.1% to NZ$13 million despite higher investment in product and sales
Net profit after tax surged 34.7% to NZ$7.2 million, aided by foreign exchange gains
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