Gentrack Group Ltd Reports Strong FY 2025 Performance and Expands g2 Platform Reach
Gentrack Group Limited (NZX/ASX: GTK) has released its full‑year financial results for the period ending 30 September 2025, demonstrating robust growth across revenue, profitability and recurring streams. The company’s continued investment in its g2 platform is delivering tangible momentum across the energy, water and airport sectors, with notable wins in the United Kingdom and early indications of a widening pipeline in EMEA and APAC.
FY 2025 Results Snapshot
| Metric | FY 2025 | FY 2024 | Change |
|---|---|---|---|
| Revenue | $230.2 m | $213.5 m | +8 % |
| Recurring revenue | $155.4 m | $141.5 m | +13 % |
| EBITDA | $27.8 m | $22.8 m | +18 % |
| Statutory NPAT | $20.9 m | $9.2 m | +119 % |
The 119 % rise in net profit from continuing operations reflects a combination of higher recurring revenues, disciplined operating leverage and the absorption of R&D and g2‑investment costs into EBITDA. The company’s gross margin, while not disclosed, is implied to have improved given the proportionally larger gains in EBITDA relative to revenue.
g2 Platform Expansion
Gentrack’s multi‑year investment in the g2 platform continues to deliver measurable results:
- Pennon Water Services (UK): A new g2 win demonstrates the platform’s capability to manage complex water and wastewater operations.
- Genesis (Energy): Successful production deployment underscores g2’s suitability for large‑scale energy management.
- Pipeline Opportunities: Early interest from retailers across EMEA and APAC suggests a broadening market footprint beyond traditional utilities.
These wins reinforce Gentrack’s positioning as a specialist provider of software solutions to energy and water utilities, as well as airports, and provide a scalable foundation for future growth.
Market Context and Investor Sentiment
On 21 November 2025, market commentary noted that Gentrack shares were among several information‑technology names experiencing upward momentum, alongside Kogan, Webjet and WiseTech. The rally was attributed to the company’s solid quarterly earnings outlook and the broader enthusiasm for utility‑sector technology providers. At the time, the share price stood at AUD 6.61, near the 52‑week low of AUD 6.34, suggesting that the market may still have room to absorb further upside as the company continues to monetize its recurring revenue streams.
Forward‑Looking Outlook
With a growing pipeline of g2 opportunities and a 13 % rise in recurring revenues, Gentrack appears well positioned to sustain its profitability trajectory. Continued focus on the energy and water sectors, coupled with strategic expansion into APAC and EMEA, should reinforce its recurring revenue base and support a higher valuation multiple. The company’s high price‑to‑earnings ratio of 74.29 reflects market expectations of continued growth and margin expansion.
The information presented herein is derived from the company’s most recent public disclosures and industry commentary as of 23 November 2025.
