ikeGPS Group Limited

Overview

IKE seeks to be the standard for collecting, managing and analysing pole and overhead asset information for electric utilities, communications companies and their engineering service providers. Usage of the IKE solution shows that against existing work practices IKE increases efficiency for field engineering by approximately two times and increases efficiency for back-office engineering by approximately five times.

ikeGPS is headquartered in Wellington, New Zealand. The company's sales, marketing, support and training organization is based in Broomfield, Colorado USA, supporting its customers across North America.

Performance

The following information was extracted from ikeGPS Group Limited's Market Update, released on 29 July 2026:

• Annualized Exit Run Rate (ERR) of subscription revenue to ~$22M, +31%vs prior calendar period (pcp)

• Platform Subscription Revenue for the quarter of ~$5.3M, +27% vs pcp

• Gross Margin up to 82%, from 75% vs pcp

• Total Revenue for the quarter ~$6.4M, this is flat vs pcp reflecting some interim softness in one-off and lower margin services revenue

• Subscription enterprise customers up to 476, from 441 vs pcp

• Cash and net receivable position of ~$33.8M