Gentrack buys Kiwi SaaS company Factor, revenue and profit down
NZX and ASX-listed utilities SaaS specialist reiterates full-year guidance as valuation claws back ground lost in last week's sell-off.
Factor co-founders Simon Pohlen and Jessica Venning-Bryan.
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Gentrack Group has acquired New Zealand-founded energy retail software-as-a-service business Factor for as much as $34 million, while it reported a drop in revenue and earnings in its half-year results.
Prospero Energy, which trades as Factor, raised $3m from a range of trans-Tasman and US
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