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Hot Topic Budget 25
Investment
4 mins to read

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

Utilities and airports software provider’s stock is up more than 21% today after releasing its annual results.

Gentrack CEO Gary Miles.

Will Mace Tue, 26 Nov 2024
Key points
  • Revenue: up 25.5% to $213.2m
  • Profit: down 5% to $9.5m
  • Main takeaway: Revenue continues to grow but earnings affected by LTI payments.

Gentrack Group expects to grow revenue at a compound annual growth rate (CAGR) of more than 15% in the mid-term, but would not be drawn on a more specific range during an investor call today for its full-year results announcement.

The NZX and ASX-listed software provider to utilities and airport

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Will Mace Tue, 26 Nov 2024
Contact the Writer: william@nbr.co.nz
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Key points
  • Revenue: up 25.5% to $213.2m
  • Profit: down 5% to $9.5m
  • Main takeaway: Revenue continues to grow but earnings affected by LTI payments.
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
Gentrack’s share price pops on 15% mid-term growth guidance
Investment,
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