ikeGPS Group Ltd (AU:IKE) has released an update.
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ikeGPS Group Ltd reported solid financial results for the first half of FY25, with a 34% increase in subscription revenue and a 31% improvement in gross margin. The company secured a record NZ$33 million in contracts during this period, highlighting strong sales momentum and growth potential. Despite a net loss, ikeGPS remains optimistic about future growth, driven by new product launches and collaborations with major North American utilities.
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