ikeGPS has reported a 47% increase in the exit run rate of subscription revenue for the six months to September 30, 2025.
The company reiterated its guidance for the 2026 financial year, expecting platform subscription revenue growth of 35% or more and ebitda breakeven on a run-rate basis.
The recognised platform subscription revenue reached $8.8 million, up 35% from the previous corresponding period.
Total revenue was $12.8m, a 5% increase.
The company's gross margin increased to $9.6m, up 18%, with a gross margin percentage of 75%.
ikeGPS Group had $34m in cash and no debt as of September 30, 2025.
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