ikeGPS Reports Revenue Growth Amidst Continued Losses

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

ikeGPS Group Ltd reported its financial results for the year ending March 2025, showing a 19.2% increase in revenue from continuing operations to NZD 25.155 million. Despite the revenue growth, the company recorded a net loss of NZD 16.338 million, reflecting an 8.6% improvement from the previous year. The announcement indicates that no dividends will be paid, and the net tangible assets per equity security have decreased from NZD 0.04 to negative NZD 0.01, highlighting ongoing financial challenges.

The most recent analyst rating on (AU:IKE) stock is a Buy with a A$1.10 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, primarily focusing on providing innovative solutions for geospatial and measurement applications. The company is known for its advanced GPS and measurement tools that cater to various sectors including utilities, construction, and telecommunications.

Average Trading Volume: 115,348

Technical Sentiment Signal: Buy

Current Market Cap: A$142.9M

For an in-depth examination of IKE stock, go to TipRanks’ Stock Analysis page.