IkeGPS has provided an update for the six-month period to September 30, 2026.
The company reported a 22% increase in platform subscription revenue, reaching about $11 million.
It said about 85% of its total revenue came from recurring subscriptions.
IkeGPS said it expects more than 30% growth in its exitrun rate subscription revenue for the 2027 financial year.
The company also said its new products are on track for market launch in the second half of the 2027 financial year, which it expects to drive further annual recurring revenue expansion.