Gentrack delivers 8% revenue growth and continued progress across global markets in FY25 

Gentrack Group today announced its FY25 financial results, highlighting continued progress across its utilities and airports businesses and strong demand for technology that supports modernisation in these sectors. 
 
Financial highlights 

• Revenue grew by 8% to $230.2m driven by the company’s strategic focus on innovation and customer outcomes  

• EBIDTA – $27.8m 

• Net cash increased by 27%, demonstrating ongoing financial strength 

• Utilities revenue grew by 7%, supported by adoption of our g2 platform 

• Veovo, Gentrack’s airports business, achieved 15% revenue growth, with new wins in the Middle East, UK, Australia, and mainland Europe, and an expanding footprint with new customers in South America, a Tier 1 airport in the US and an additional airport in Australia 

Gentrack’s inclusion in the S&P/NZX 20 Index in June reflects the company’s continued growth and strengthened position among New Zealand’s largest and most traded businesses. 

Looking Forward
Both the utilities and airports industries are transforming at pace. They are dynamic markets in a state of change, and we are confident in our ability to lead these markets globally over time.

Full details of our results can be found here >>