ikeGPS Group (IKE)•FY23•Released 30 May 20232H23 swung to a NZ$9.0m loss after a profitable 1H, and capex nearly quintupledFull-year revenue of NZ$30.8m masks a sharply deteriorating second-half operating trajectory and a NZ$11.6m cash drawdown funding stepped-up...Published 22 April 2026Read briefing→
ikeGPS Group (IKE)•HY23•Released 29 November 2022IKE swung to a $1.1m HY profit on 169.8% revenue growthA maiden half-year profit and positive operating cash flow are partly offset by 974bp of gross-margin compression and still-negative free cash flow.Published 22 April 2026Read briefing→
ikeGPS Group (IKE)•FY22•Released 29 November 2021Revenue +30% H1-on-H1, cash raise lifts balance to NZ$29.6mTop-line momentum and a large equity injection have rebuilt the runway, but the business still burns operating cash and FY22 reported growth is...Published 22 April 2026Read briefing→
ikeGPS Group (IKE)•FY21•Released 31 May 2021Revenue slipped 5.2% but losses widened 31% and operating cash burn tripledAn equity raise lifted cash to $11.3m and left IKE debt-free, buying runway while gross margin compressed 690bps and receivable days blew out.Published 22 April 2026Read briefing→