IkeGPS Group Limited (IKE) is pleased to report YTD revenue of ~$23.3m (+134% vs pcp) and continued demonstration of operating leverage.

Q3 FY23 revenue of ~$7.9m (+88% vs pcp) and recurring subscription and reoccurring transaction revenue of ~$7.2m (+121% vs pcp) were achieved.

New contracts closed in Q3 FY23 totalled ~$7.3m, representing a strong performance in the period.

CEO Glenn Milnes reported macro-market tailwinds in North America and a healthy run rate of new contracts expected in Q4 FY23.

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