ikeGPS Group Ltd (AU:IKE) has released an update.
ikeGPS Group Ltd has reported robust growth in its 1H FY25 financial performance, with notable increases in subscription revenue and contract wins. The company recorded a 34% rise in annualized subscription revenue and secured approximately NZ$33 million in contracts, bolstered by strong customer retention and a promising sales pipeline. With strategic expansion in the North American market, ikeGPS anticipates continued growth backed by increased adoption of its IKE PoleForeman product among major electric utilities.
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