Gentrack reports 25% revenue boost

Company News

by David Chau

Software solutions company, Gentrack (ASX:GTK), has released its full year results ended 30 September 2016.  The following figures are in New Zealand Dollars.

Gentrack reported that its NPAT rose 3% to $9.6 million, compared to the same period last year.

The company also reported that its EBITDA was up 16% to $16.7 million, and its revenue increased by 25% to $52.7 million.

The company says these results were achieved because it delivered some of its “largest projects to date”. Gentrack also says the revenue from its utilities and airports divisions, as well as its UK revenue, grew strongly.

The company declared a final dividend of 7.7cps. 

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