Gentrack Reports Strong Half-Year Financial Performance with Strategic Growth Investments

Gentrack Group Ltd ( (AU:GTK) ) just unveiled an announcement.

Gentrack Group Ltd reported a strong financial performance for the half-year ending 31 March 2025, with a 9.8% increase in revenue to $112 million and a 34.7% rise in statutory NPAT to $7.2 million. The company saw significant growth in its recurring revenues and continued expansion in its core markets, including new contracts and renewals in the UK and New Zealand. Despite a decrease in non-recurring revenues, Gentrack’s strategic investments in product development and sales have positioned it well for future growth. The company decided to reinvest its capital for growth rather than pay dividends, reflecting confidence in its market positioning and future prospects.

The most recent analyst rating on (AU:GTK) stock is a Buy with a A$12.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.

More about Gentrack Group Ltd

Gentrack Group Ltd is a leading provider of software solutions for utilities and airports. The company focuses on delivering advanced billing and operational software to energy and water utilities, as well as airport operational systems through its Veovo business. Gentrack operates in high-growth markets and aims to enhance customer experience and operational efficiency.

Average Trading Volume: 152,408

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.19B

See more data about GTK stock on TipRanks’ Stock Analysis page.