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...

More Markets

NZ sharemaket up 0.1% despite 'volatile' markets
Markets Market Close

NZ sharemaket up 0.1% despite 'volatile' markets

The S&P/NZX 50 Index closed at 12,338.57, up 18.38 points or 0.15%.

NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.