Latest Recurring Revenue News

Gentrack Group reported robust FY25 results with an 8% revenue rise to NZ$230.2m and a 119% jump in net profit, driven by strong growth in utilities and airports segments alongside strategic investments in its new cloud platform and global expansion.

Gentrack Group reported a strong FY25 with revenue up 8% and net profit more than doubling, driven by key deployments of its new g2.0 cloud platform and robust growth in its airports division Veovo.

Kogan.com Ltd delivered strong FY25 results with significant customer growth and improved cash flow, while Mighty Ape embarks on a strategic recovery aiming for profitability in FY26.

Kogan.com reported robust FY25 growth driven by its diversified business model, while Mighty Ape in New Zealand embarks on a recovery plan aiming for profitability in FY26. The group’s strong cash flow and governance upgrades underpin confidence in future expansion.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.

Metal Powder Works reports a surge in demand for its commercially pure titanium powder, adding five new customers this quarter and securing a significant defense-linked order that could generate millions in recurring revenue.

EROAD Limited reported a 3.3% revenue increase and strong free cash flow in H1 FY26, driven by ANZ market expansion despite a significant North American impairment. The company is focusing on the promising electronic Road User Charges opportunity in Australasia.

GenusPlus Group has reported a landmark FY2025 with record revenue and profits, driven by strong growth in renewable energy infrastructure and transmission projects. The company’s robust orderbook and strategic acquisitions set the stage for continued expansion in FY2026.

Spacetalk Ltd reveals a successful pivot to a software-led, hardware-enabled model, reporting 12% revenue growth and expanding into 15 international markets. The company targets $20–25 million in recurring revenue for 2026, underpinned by new product launches and strategic telco partnerships.

Emyria Limited is fast-tracking its national rollout of Empax mental health clinics, backed by a strong $8 million institutional placement and new dual-payer funding pathways.

ReadCloud Limited reported a robust FY25 with a 109% surge in underlying EBITDA, driven by strong growth in its Australian school businesses. The company’s FY26 outlook targets continued organic expansion and disciplined execution amid industry funding uncertainties.

ReadCloud Limited reported a 5% revenue increase to $12.9 million for FY25, alongside a 109% surge in underlying EBITDA to $0.76 million, narrowing its statutory loss by 59%. Strong growth in its VET-in-Schools segment and domestic eBooks sales underpinned this improved financial performance.