Ikegps Group Ltd · NZX:IKE
Ikegps — H1 FY27 Earnings Presentation
6 slides from Ikegps's earnings presentation, Oct 23, 2026
Slide 1: IKE 2Q / 1H FY27 Performance Update
For immediate release, 23 October 2026 IKE 2Q / 1H FY27 Performance Update • 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 custom
Slide 2: New Products
For our updated subscription revenue expectation for FY27, growth in the period is strong but will land below the ~35% previously indicated. This reflects the timing of closing and recognizing several major subscription contracts, where the associated subscription revenue is recognized over the subs
Slide 3: Performance across the business: charts and table
Performance across the business is set out in the following charts and table: • Annualized Exit Run Rate (recurring revenue) +13% vs PCP • 3-year Compound Annual Growth Rate (CAGR) +29% • Sep YTD FY 2027 Platform Subscription Revenue +22% vs PCP • 3-year Compound Annual Growth Rate (CAGR) +28% 3
Slide 4: Seat count and professional services revenue
• Sep 30 seat count +11% vs PCP • 3-year Compound Annual Growth Rate (CAGR) +31% • Sep YTD FY 2027 Professional Services Revenue (formerly Platform Transaction Revenue) -61% vs PCP • September revenue was strong and Q3 will be strong due to a growing backlog. 4
Slide 5: Total revenue and revenue mix
• Sep YTD FY 2027 total revenue -1% vs PCP • Platform Subscriptions Revenue now 85% of total revenue vs 69% pcp • Non-recurring Hardware & Other Revenue dropped to 7% of revenue vs 10% pcp 5
Slide 6: About IKE and Contact
About IKE ikeGPS Group Limited (NZX/ASX: IKE) is the PoleOS company. IKE's software platform helps electric utilities and communications companies assess, digitize, model, and manage distribution infrastructure — improving safety, reducing cost, and accelerating the pace of grid modernization and br