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ikeGPS Accelerates Subscription Growth Amid FX Challenges, Raises A$18M
7:48am on Tuesday 29th of July, 2025 AEST
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Technology
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ikeGPS Accelerates Subscription Growth Amid FX Challenges, Raises A$18M
7:48am on Tuesday 29th of July, 2025 AEST
Key Points
29% year-on-year growth in annual platform subscription revenue exit run rate
Total revenue up 12% to NZ$6.4 million with gross margin improving to 76%
Reaffirmed FY26 guidance for ~35%+ platform subscription revenue growth and EBITDA breakeven in H2
Completed fully underwritten A$18 million placement to fund growth and product innovation
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