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ikeGPS Surges on 34% Subscription Growth, Eyes EBITDA Break-Even in FY26

1:27am on Monday 2nd of June, 2025 AEST Technology
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ikeGPS Surges on 34% Subscription Growth, Eyes EBITDA Break-Even in FY26

1:27am on Monday 2nd of June, 2025 AEST
Key Points
  • FY25 revenue up 19% to NZ$25.2 million
  • Subscription revenue grows 34%, annual run rate up 48%
  • Gross margin improves to 69% from 60%
  • Adjusted EBITDA loss narrows to NZ$6.1 million
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