IKEGPS GROUP LIMITED (IKE)
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IKE

IKE - IKEGPS GROUP LIMITED

FNArena Sector : Hardware & Equipment
Year End: March
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: -0.14
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.855

04 Jul
2025

0.000

OPEN

$0.85

0.000

HIGH

$0.86

34,856

LOW

$0.85

TARGET
$1.185 38.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
IKE: 1
Title FY26
Forecast
FY27
Forecast
EPS (cps) - 3.1 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-9.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx22.9 M
Book Value Per Share xxxxxxxxxxxxxxx2.7
Net Operating Cash Flow xxxxxxxxxxxxxxx1.2 M
Net Profit Margin xxxxxxxxxxxxxxx-64.95 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-130.68 %
Return on Invested Capital xxxxxxxxxxxxxxx-122.68 %
Return on Assets xxxxxxxxxxxxxxx-49.84 %
Return on Equity xxxxxxxxxxxxxxx-130.68 %
Return on Total Capital xxxxxxxxxxxxxxx-91.41 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx0.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx1 M
Goodwill - Gross xxxxxxxxxxxxxxx4 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx9 M
Price To Book Value xxxxxxxxxxxxxxx26.67

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx1.1 M
Capex % of Sales xxxxxxxxxxxxxxx4.93 %
Cost of Goods Sold xxxxxxxxxxxxxxx10 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx24 M
Research & Development xxxxxxxxxxxxxxx8 M
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Shaw and Partners

30/05/2025

1

Buy

$1.20

40.35%

With some FY25 metrics already announced, the key new info in ikeGPS Group's results was adjusted EBITDA loss of -NZ$6.1m, which improved from -NZ$9.8m the year before, on strong revenue and modest expense growth. 

Shaw and Partners estimates cash costs fell -6% y/y due to restructuring. The company reaffirmed FY26 revenue guidance for over 35% growth and is targeting EBITDA breakeven in 2H26.

No impact from global tariffs expected. The analyst made minor revisions, mainly to factor in lower cost growth.

Buy. Target lifts to $1.20 from $1.10 on valuation roll-forward and slightly higher cashflow forecasts.

FORECAST
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -2.83 cents.
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.46 cents.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

01/07/2025

1

Initiation of coverage with Buy

$1.01

18.13%

Moelis has initiated coverage of ikeGPS Group with a Buy rating and target price of $1.01.

The broker notes the company's devices and software technology help to manage and unify the data needed to maintain the electricity distribution networks. Additional electricity demand from electric vehicles and data centres has created more demand for the company's software.

The broker estimates demand from US-based utilities to upgrade or repair 25m poles each year creates a US$2.8bn market for services linked to network build and resilience.

The analyst is forecasting positive EBITDA in FY27, based on recent strong subscriber growth momentum and the outlook for capital spend on network by utilities in the US.

FORECAST
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -2.65 cents.
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.46 cents.

IKE STOCK CHART