IkeGPS annual revenue down but subscription sales continue in US
Pole infrastructure software company is positive about the future even as 'additive' transaction revenue drops.
IkeGPs's technology helps utilities such as lines companies manage their pole infrastructure.
IkeGPS Group has posted a 31% drop in annual revenue on the back of a decline in transaction income, although subscription revenue is up 22%.
The NZX and ASX-listed company – whose technology helps utilities such as lines companies manage their pole infrastructure – cut about 19% of its staff in
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