IkeGPS struck $5.4m of deals in 4Q

IkeGPS struck $5.4m of deals in 4Q
Dan Brunskill
IkeGPS says new contracts are picking up pace after the pandemic disrupted customers during the first and third quarters of financial year 2021.During the 12 months to March 31, the communications and electrical pole management firm said it closed $8.8 million of new contracts, with $5.4m closed in the final quarter alone, as the North America market began to shake off covid-19 and network projects were accelerated.The majority of this new revenue will be recognised in the 2022 financial year, leaving the company to post a $7.4m loss from $9.3m...

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