IkeGPS nets $6.1m in new contracts

Company revenue for the June quarter was $2.6 million. (Image: IkeGPS)

Tue, 27 Jul 2021

NZX-listed IkeGPS said it closed $6.1 million in new contracts during the first quarter of the 2022 financial year.This total to June 30, 2021, eclipses the reported $5.4m in deals struck in the previous quarter, including a long-term contract with an unnamed US engineering services business expected to bring in US$700,000 annually. The company said approximately $11.5m in new contracts had been closed in the past six months, attributing much of this to US market’s ongoing recovery from the impacts of the pandemic. “The le...

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