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Gentrack Group Limited (ASX:GTK)

ALERT: Price-sensitive ASX Announcement for GTK
Current share price for GTK : $3.050 -3.56 (-53.86%)+
Announcement
Release
24 Nov 2025 7:30AM
Price at Release
$6.610
Full Release
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Summary
Gentrack Group Limited's FY25 results show a significant increase in financial performance, with revenue up by 8% to $230.2 million and EBITDA rising by 18% to $27.8 million. The company also reported a substantial growth in net profit after tax (NPAT), more than doubling to $20.9 million. Utilities revenue increased by 7% with recurring revenues up by 12%, though non-recurring revenues saw a slight decrease. The company continued its investment in product development, notably the g2.0 technology stack, which is pivotal for growth in the EMEA and APAC regions. Veovo, a segment of Gentrack, also reported strong performance with a 15% revenue increase and major contract wins, particularly in the UK and Middle East. Gentrack's cash position remains robust, with a cash balance increase to $84.8 million. The company expects continued revenue growth in FY26, leveraging its strong market presence and pipeline in Asia and EMEA.
Key Points
  • Revenue increased by 8% to $230.2 million.
  • EBITDA rose by 18% to $27.8 million.
  • NPAT more than doubled to $20.9 million.
  • Utilities revenue grew by 7%; recurring revenues up by 12%.
  • Veovo revenue increased by 15% due to significant contracts.
  • Continued investment in the g2.0 technology stack.
  • Strong cash position, ending balance of $84.8 million.
  • Expect further revenue growth in FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.