IKE - Ike GPS.com

[justakiwi]

I don't recall, but they were probably referring to IKE Insight, and their use of AI equipped drones to do pole inspections/data collection.

Have a read of this:

https://ikegps.com/ikewire/ai-and-ml...d-reliability/

Did anyone notice they mentioned the word “AI” in their commentary?!

[sb9]

Seems as though ERD”s current sentiment rubbing on IKE. Ripe for possible pick up by some overseas entity/fund perhaps?

[Nigelk]

Screenshot 2023-06-29 at 12.28.37 PM.jpgclassic double-bottom. Hopefully upward from here...

[winner69]

Screenshot 2023-06-29 at 12.28.37 PM.jpgclassic double-bottom. Hopefully upward from here...

I see no double bottom

But share price up 4 cents this week is good …now up last two weeks so better still

Back into the 80s next week

[winner69]

A useful SaaS metric is the Rule of 40 …….being Revenue Growth % plus EBITDA margin %

IKE is 92% plus (-32%) giving a Rule of 40 score of 60% which is above 40% so followers of SaaS companies would say IKE performing well.

A recent Clare Capital ranked ANZ SaaS companies on this metric and IKE was near the top.

IKE share price not looking too good at the moment though. It’s been in a steady downtrend from that recent high of 106.

Hope share price doesn’t fall back into the 60’s

[justakiwi]

Never mind. Google is my friend.

[Rawz]

rule of 40 not looking good based on the quarterly numbers. IKE staring down the barrel of 3 quarterly revenue drops

IKE reports Q1 FY24 this week. Based on their commentary if they do over $7.5m (same as Q4 FY23) its a great result.

[Rawz]

Might have to wait for monday for Q1 update. Maybe making so much money need another day to count it all

[Rawz]

Where is this Q1 update at..?

Want to see if they have done over $7,500k for the quarter

[justakiwi]

Where did you read that they report this week? I can’t see any announcements or info re that.