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ikeGPS Group Ltd ( (AU:IKE) ) has issued an announcement.
ikeGPS Group Ltd reported a strong financial performance for the first half of FY26, with a 47% increase in subscription revenue and a 35% growth in recognized platform subscription revenue. The company launched PolePilot™, an AI-driven tool that automates utility pole analysis, significantly boosting productivity for its customers. With a solid financial position, including a successful capital raise of approximately NZ$26 million, ikeGPS is well-positioned to continue its growth trajectory and expand its market presence.
The most recent analyst rating on (AU:IKE) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on ikeGPS Group Ltd stock, see the AU:IKE Stock Forecast page.
More about ikeGPS Group Ltd
ikeGPS Group Ltd operates in the technology industry, focusing on providing software solutions for utility and communications companies. Their primary products include platform subscription services and innovative AI-driven tools like PolePilot™, which enhance productivity and efficiency in utility pole analysis and network management.
Average Trading Volume: 138,522
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$176.9M
See more data about IKE stock on TipRanks’ Stock Analysis page.