FY19 Result Update and FY20 Outlook
Gentrack Group Ltd | www.gentrack.com | info@gentrack.com | ARBN 169 195 751
22 November 2019
FY19 Result Update and FY20 Outlook
Gentrack Group Limited (NZX/ASX: GTK) expects to announce its year end 30 September
2019 (FY19) result next week of revenue of $112m and EBITDA
(1)
marginally below the
previously advised guidance range of between $25m and $26m.
In light of continuing uncertainty in the UK market, the company expects that its outlook for
FY20 is broadly flat.
(All $ amounts referred to above are NZ$)
ENDS
Contact details regarding this announcement:
Ian Black, CEO
Tim Bluett, CFO
+64 9 966 6090
About Gentrack
Gentrack provides essential software for essential services, pairing powerful platforms with
deep market knowledge to help utilities and airports lower service costs, foster innovation
and confidently navigate market reform. It employs over 550 people in offices across New
Zealand, Australia, the UK, Singapore, USA and Europe and services over 200 utility and
airport sites globally with its leading solutions.
Gentrack Cloud is a subscription-based billing, customer information, market interaction and
portfolio analytics solution for energy and water utilities in markets where flexibility,
uniqueness and compliance are essential. Its meter-to-cash capabilities and managed
services offering are designed to enable utilities to differentiate their businesses in
competitive markets, to deliver great customer service experiences, achieve lower service
costs, launch innovative products and stay compliant with market regulations.
More information: www.gentrack.com
Veovo is Gentrack’s world-class solution for airports, enabling them to unlock operational,
revenue, concession and passenger insights across the airport ecosystem. Over 100
airports globally are using Veovo to operate more efficiently, uncover new growth
opportunities and deliver outstanding guest experiences.
More information: www.veovo.com
(1)
EBITDA: Earnings before net finance expense, tax, depreciation and amortisation and
other non-operating expenses. Non-operating expenses are costs relating to acquisition.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- AIA — Auckland International Airport Limited: AIA – 1H20 Interim Results2020-02-19
“2020 Interim Results Glossary 34 AMTNAustralian medium term notes ARPSAverage revenue per parking space ASQAirport Service Quality CAGRCompound annual growth rate EBITDAEarnings before interest, taxation, depreciation and amortisation EBITDAFIEarnings before interest, taxation, d…”
- NZX — NZX Limited: FY2029 Earnings Guidance – Update2019-12-08
“FY2019 Earnings Guidance – Update 9 DECEMBER 2019 – NZX today announced that 2019 EBITDA (operating earnings) is expected to be around the top of the guidance range of $28 million to $31 million. The updated FY2019 guidance is based on: increased capital raised during the ye…”
- EBO — EBOS Group Limited: Half Year Results2020-02-19
“20 NET DEBT AND MATURITY PROFILE Net Debt and Net Debt : EBITDA ratio 1 Net Debt 1 of $392m at December 2019, with a Net Debt : EBITDA 1 ratio of 1.41x (1.41x at June 2019). Current gearing continues to provide approximately $300m – $350m headroom for future acquisit…”