HY results to be out in bit more than 2 weeks. Might see it get to $4 by then and depending on commentary/outlook, may see $5 later in the year. Back to good ole days...
Market AnnouncementGentrack Group Limited (NZX/ASX: GTK), a leading provider of software solutionsfor utilities and airports, today released its results for the half-year to 31 March 2023.
Results Summary
• Revenue: $84.3m – up 47.7% on H1’22
• EBITDA $16.0m – up $14.8m over H1’22
• Statutory NPAT: $7.9m profit v $5.8m loss in H1’22
• Cash: $41.9m – up $14.5m over FY22
• No Dividend payable
• Results include substantial one-off revenues, but strong underlying growthmeans that both FY23 and FY24 revenue guidance have been upgraded toa range of $157m to $160m (from previous guidance of $147m to $150m forFY23 and $150m for FY24)
HY results to be out in bit more than 2 weeks. Might see it get to $4 by then and depending on commentary/outlook, may see $5 later in the year. Back to good ole days...
Moving as expected, Divvy may resume when they announce FY results by which time it’ll be easily past $5. Who would’ve thought a few years back when they were going downhill, kudos to Gary and Team.
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