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Hot Topic Local Govt
Investment
3 mins to read

Gentrack shares slump as profit rises but mid-term target queried

Utilities software provider's shares were down as much as 11% on today's half-year earnings disclosure, before recovering.

Gentrack CEO Gary Miles.

Will Mace Mon, 19 May 2025
Key points
  • Revenue: up 9.8% to $112m
  • Profit: up 34.7% to $7.2m
  • Main takeaway: A strong result but is it enough to live up to Gentrack's mid-term targets?

Gentrack Group’s share price dipped more than 11% this morning, despite the NZX and ASX-listed company disclosing strong half-year results, showing net profit up 34.7% compared to the first half of 2024.

The software provider to utilities and airport businesses has seen its NZX share price rocket

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Will Mace Mon, 19 May 2025
Contact the Writer: william@nbr.co.nz
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Key points
  • Revenue: up 9.8% to $112m
  • Profit: up 34.7% to $7.2m
  • Main takeaway: A strong result but is it enough to live up to Gentrack's mid-term targets?
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

Gentrack’s share price pops on 15% mid-term growth guidance
Investment

Gentrack’s share price surges on FY24 guidance upgrade
Investment

Gentrack upgrades FY24 revenue and earnings guidance
Investment

Gentrack invests $12m in Aussie electricity retailer startup
Gentrack shares slump as profit rises but mid-term target queried
Investment,
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