NZ'S Ikegps posts worst day in four months on weak quarterly revenue

Ikegps

26/07/2023 24:07

** Shares of Ikegps Group  IKE.NZ  fall as much as 6.7% to
NZ$0.7, posting their sharpest fall since March 13 
    ** Platform technology co posts an 18% drop in its Q1
revenue to NZ$5.6 mln ($3.48 mln )    
    ** IKE, however, sees transaction volumes and associated
revenue to pick up through FY24
    ** Stock has fallen nearly 20.5% so far this year, as of
last close 

($1 = 1.6080 New Zealand dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))