IKE - 1H FY27 Performance Update

Friday 23rd October 2026

IKE (ikeGPS Group Limited) (NZX: IKE | ASX: IKE) is pleased to provide an update for the six month period to 30 September 2026. All figures in NZD unless stated.

- FY27 Guidance:

+ Exit Run Rate Subscription revenue outlook >30% growth vs PCP.

+ Full year subscription revenue outlook will be strong in absolute terms with forecast growth to be confirmed end of November, timing on customer contracts impacting FY27 recognised subscription revenue.

- Sep YTD FY27 Platform Subscription Revenue ~NZ$11M; +22% growth vs pcp.

- Recurring revenue model strength continues with ~85% of total revenue from recurring Subscriptions.

- New products are on track for market launch in 2H FY27, expected to drive further ARR expansion.

For further detail please see the attached release and we invite you to join us on our webinar with CEO Glenn Milnes and CFO Paul Cardosi at 11:00am AEDT/1:00pm NZDT

Registration for the investor webinar is available via the link below:

https://us02web.zoom.us/webinar/register/WN_xKtGPSoISdqd9Orp2LTO9g

Questions can be pre-submitted to simon@nwrcommunications.com.au or asked via the Q&A function during the webinar. After registering, you will receive a confirmation email containing information about joining the webinar.

ENDS

IKE 2Q / 1H FY27 Performance Update

Comments from our readers

No comments yet