ikeGPS posts record year as subscription and AI tools drive growth

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

ikeGPS Group reported its strongest year to date for the 12 months to 31 March 2026, with platform subscription revenue rising about 33% to NZ$19.2m and total revenue up 6% to NZ$26.6m. The company achieved positive underlying EBITDA in March, lifted gross margin to about 81% with subscription margins near 94%, and ended the year with NZ$33m in cash, no debt and high customer retention across 463 subscription clients.

Management signalled similar growth in platform subscription revenue for FY27, underpinned by rapid adoption of its PoleForeman product, which reached roughly NZ$11m in ARR within two years and is now a de facto standard for U.S. distribution network design. AI-enabled features such as the PolePilot module allowed a 10% price increase on IKE Office Pro without churn, reinforcing ikeGPS’s pricing power and positioning AI as a revenue and efficiency accelerant rather than a threat in its niche infrastructure markets.

The most recent analyst rating on (AU:IKE) stock is a Buy with a A$1.30 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 is a geospatial and utility-focused technology company providing subscription software platforms for electric utilities, communications companies and their engineering service providers. Its products, including IKE Office Pro and the PoleForeman structural analysis tool, are used across all 50 U.S. states and are embedded in eight of the 10 largest investor-owned utilities and several major communications providers.

Average Trading Volume: 65,610

Technical Sentiment Signal: Buy

Current Market Cap: A$174.5M

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