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

The contest for gentailers isn’t electrons – it’s politics
Markets

The contest for gentailers isn’t electrons – it’s politics

Big spend, high stakes: gentailers outline plans that depend on political tolerance.

Air NZ’s Ravishankar grows up in public
Opinion

Pattrick Smellie: Air NZ’s Ravishankar grows up in public

The national airline’s new CEO faces plenty of challenges, some self-inflicted.

Scam protection at heart of Code of Banking Practice update
Finance

Scam protection at heart of Code of Banking Practice update

Compensation is on the cards if banks fail all five scam-protection commitments.

RBNZ staff thin on ground after asbestos reopen
Finance

RBNZ staff thin on ground after asbestos reopen

The finance minister understands the new flexible working policy for the RBNZ is near.