ikeGPS Group (ASX:IKE, NZE:IKE) reported total revenue of NZ$25.2 million for the year ended March 31, a 19% increase from NZ$21.1 million a year earlier, according to a Tuesday filing with the New Zealand and Australian bourses.
Platform subscription revenue climbed 34% year on year to NZ$14.4 million, while transaction revenue grew 3% to NZ$7.6 million. Hardware and other services revenue rose 5% to NZ$3.2 million, the filing said.
For the fourth quarter, revenue was at NZ$6.6 million. Total cash and net receivables grew NZ$1.8 million in the quarter to NZ$15.4 million, the filing added.
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