Gentrack's revenue soars by 25.5%, profit dips due to investment loss

Gentrack's revenue soars by 25.5%, profit dips due to investment loss
Gentrack CEO Gary Miles holds 1.14% of Gentrack shares. (Image: NZME)
Rebecca Stevenson
Utilities software company Gentrack’s revenue increased by 25.5%, but profit fell to $9.5 million after booking a $1.3m loss to its investment in an Australian tech energy company. Gentrack makes critical software for airports and energy and water companies. Gentrack's full-year result for the year to Sept 30 reported revenue increased to $213.2m while earnings before interest, taxation, depreciation and amortisation (Ebitda) were $23.6m, $400,000 more than the previous financial year. Excluding one-off revenu...

More Markets

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025