ikeGPS lifts subscription revenue 35%, reiterates FY26 growth and breakeven targets

ikeGPS Group Ltd ( (AU:IKE) ) has issued an announcement.

ikeGPS Group reported strong growth for the nine months to 31 December 2025, with exit run-rate platform subscription revenue rising 35% year-on-year to about NZ$21.1m and recognised subscription revenue up 38% to NZ$14.1m, driving total revenue to NZ$19.8m. Gross margins expanded to roughly 79% from 68%, and the company ended the period with NZ$32.3m in cash, net receivables of NZ$2.9m and no debt, supporting continued investment in its product roadmap. Management reiterated FY26 guidance for around 35% or greater growth in platform subscription revenue and a move to EBITDA breakeven on a monthly run-rate basis by the end of FY26, underpinned by strong demand from North American utilities and communications firms, rapid growth in the IKE PoleForeman product (now above NZ$10m ERR), and development of two new customer-led software modules and the PolePilot AI platform, which are expected to accelerate customer acquisition and expansion.

The most recent analyst rating on (AU:IKE) stock is a Hold with a A$1.00 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 Limited is a New Zealand-headquartered provider of electric utility infrastructure software solutions, focused on subscription-based platforms for pole design, asset data collection and analysis, and AI-enabled tools. Its key products, including IKE PoleForeman and the new PolePilot AI platform, serve electric utilities, communications companies and their engineering service providers, primarily in the North American market amid large-scale grid modernisation and network investment.

Average Trading Volume: 104,028

Technical Sentiment Signal: Buy

Current Market Cap: A$178.7M

For detailed information about IKE stock, go to TipRanks’ Stock Analysis page.