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GENTRACK GROUP LIMITED — Earnings Release 2017
Nov 28, 2017
65024_rns_2017-11-28_322d272e-ee42-4aff-a8bf-dfdf515c8b16.pdf
Earnings Release
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29 November 2017
Gentrack Group Limited (NZX/ASX: GTK) Annual Result for the Year Ended 30 September 2017
Please find attached the following:
- NZX Appendix 1 – Results
We will shortly release the following related information:
-
Appendix 3A.1 – Notification of dividend/distribution
-
Media Release
-
Investor presentation
Financial information is based on unaudited financial statements. Audited financial statements will be issued on 30 November 2017.
The Annual Report will be released on 14 December 2017.
ENDS
Contact
Jon Kershaw - Company Secretary
+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 350 people in offices across New Zealand, Australia, the UK and Europe and services over 200 utility and airport sites in 20 countries with its leading solutions including Gentrack Velocity, Junifer, Airport 20/20, BlipTrack and Concessionaire Analyzer+ (CA+).
Velocity and Junifer are leading billing and customer management solutions providing a full range of proven capabilities from SaaS solutions for new entrant energy and water suppliers, to cloud hosted and on premise solutions for larger utilities in competitive markets where flexibility, uniqueness and compliance are essential.
Gentrack Group Ltd | www.gentrack.com | [email protected] | ARBN 169 195 751
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Airport 20/20, BlipTrack and CA+ provide a comprehensive solution suite engineered to connect and unlock the value of airport operational, revenue, concession and passenger data. This real-time insight enables airports to run a more efficient operation, uncover new growth opportunities and build an outstanding traveller experience.
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Appendix 1
29 November 2017
Gentrack Group Limited (GTK)
NZ Company number 3768390
This document covers Gentrack Group Limited’s unaudited financial results for the year ended 30 September 2017. Audited financial results will be issued on 30 November 2017.
Gentrack Group Limited – Results for announcement to the market
| Reporting period | 12 months to 30 September 2017 | |
|---|---|---|
| Previous reporting period | 12 months to 30 September 2016 | |
| Amount | Percentage | |
| NZ $’000 | Change | |
| Revenues from ordinary activities | 75,181 | Up 42.6% |
| Profit from ordinary activities after taxattributable to security holders | 11,825 | Up 23.1% |
| Net profit attributable to securityholders | 11,825 | Up 23.1% |
| Underlying EBITDA* | 23,904 | Up 42.9% |
*Underlying EBITDA is a non-GAAP profit measure that is equal to “ profit before depreciation, amortisation, financing, non-operating expenses and tax”.
| Interim/Final Dividend | Amount per Security | Imputed amount per Security |
|---|---|---|
| Final dividend | 8.50cps | 3.3056cps |
| Record date | 13 December 2017 | |
| Dividend payment date | 20 December 2017 |
For non-tax residents with a shareholding of less than 10%, a supplementary dividend will be available to offset NZ NRWT.
Dividends during the year
| Amount per | NZ Imputation | Supplementary | Date paid/ payable | ||
|---|---|---|---|---|---|
| security | credit per | Dividend per | |||
| security | security | ||||
| 2017 | Interim dividend | 4.20cps | 1.6333cps | 0.7412cps | 27 June 2017 |
| 2017 | Final dividend | 8.50cps | 3.3056cps | 1.5000cps | 20 December 2017 |
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Net tangible assets per share decreased to -NZ$0.55 per share (2016: NZ$0.20 per share).
Commentary on results
For commentary on the results please refer to the investor presentation and media release attached.
Financial Information
Outstanding financial information to meet the requirements of Listing Rule 10.3 will be provided in the audited financial statements for the year ended 30 September 2017 which will be issued on 30 November 2017.
The financial statements have been prepared in accordance with New Zealand Generally Accepted Accounting Practice. They comply with New Zealand Equivalents to International Financial Reporting Standards (‘NZ IFRS’).
This report is based on unaudited financial statements. Audited financial statements will be issued on 30 November 2017.