New Zealand's ikeGPS Group hits three-month high on upbeat results

Ikegps

23/04/2026 02:25

** Shares of New Zealand's ikeGPS Group IKE.NZ rise as much as 4.6% to NZ$1.13, their highest level since January 20

** Platform technology co logs FY26 platform subscription revenue of around NZ$19.2 million ($11.34 million), up 33% vs prior year

** Says FY26 total revenue rose 6% y-o-y to around NZ$26.6 million

** Reports FY gross margin percentage of ~81%, up from 69% last year

** YTD, shares up 3.7%

($1 = 1.6935 New Zealand dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))