NZX: IKE / ASX: IKE ikeGPS Group Limited (IKE) has released an update for the year and Q4 period to 31 March 2022, with total revenue of ~$16m (+71% vs pcp) and signed contracts of ~$26m in FY22 (+122% vs pcp).
There is a strong and sustainable cash and balance sheet position.
IKE’s sales pipeline has continued to develop strongly, with targets to close greater than 25 additional new enterprise customers in calendar 2022 and ~$15-17m of signed contract backlog to be recognized in the FY23 period.
IKE’s CEO will present at the NWR Virtual Small Caps Conference today 3 May, providing an update on Q4 and FY22.
Full FY22 financial results will be released to the market 30 May 2022.
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