Tech company Gentrack raises $25.8m to pay off debt

Gentrack Group said it raised about $25.8 million in a stock offer to retail investors, in the second part of a two-stage share sale aimed at raising funds to repay debt used for a recent flurry ...

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Tech Company Gentrack Raises $25.8m To Pay Off Debt

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Gentrack Group said it raised about $25.8 million in a stock offer to retail investors, in the second part of a two-stage share sale aimed at raising funds to repay debt used for a recent flurry ...

nzherald.co.nz

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Tech Company Gentrack Raises $25.8m To Pay Off Debt

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Jul 30, 2018 · Gentrack Group said it raised about $25.8 million in a stock offer to retail investors.

nzherald.co.nz

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Gentrack Shares Debut At $2.58 On NZX After IPO To Pay Debt, …

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Jul 11, 2018 · Gentrack Group [NZX: GTK], which develops utilities and airports software, first traded at $2.58, up 7.5 percent from the price in an initial public offering that raised funds to …

nbr.co.nz

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Tech Company Gentrack Raises $25.8m To Pay Off Debt - Inkl

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Jul 30, 2018 · Gentrack Group said it raised about $25.8 million in a stock offer to retail investors, in the second part of a two-stage share sale aimed at raising funds to repay debt used for a …

inkl.com

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Gentrack Raises $26M From Retail Investors As Part Of $90M Debt …

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Jul 29, 2018 · By Sophie Boot July 30 (BusinessDesk) - Gentrack Group said it raised about $25.8 million in a stock offer to retail investors, in the second part of a two-s...

businessdesk.co.nz

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Gentrack Raising $90m To Repay Acquisitions Debt - PressReader

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Jul 31, 2018 · AIRPORT and utilities software provider Gentrack is on track to raise $90 million new capital, which will be used to pay off debt following a string of offshore acquisitions. Since …

pressreader.com

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Gentrack Raises Profit Guidance As Revenue Surges - NZ Herald

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It remains debt-free. The firm finished the half with net cash down 6.2 per cent. $39.3m following a $12.9m investment in Amber Electric in February as part of a $29m Series C round for the …

nzherald.co.nz

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Gentrack Raising $90m To Repay Acquisitions Debt

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Jul 31, 2018 · Airport and utilities software provider Gentrack is on track to raise $90 million new capital, which will be used to pay off debt following a...

odt.co.nz

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Gentrack To Sell $90M Of Shares In Discounted Offer To Repay Debt …

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Jul 3, 2018 · By Paul McBeth July 4 (BusinessDesk) - Gentrack Group will sell shares at a 12 percent discount to raise $90 million to repay bank debt used to fund a recent spate of …

businessdesk.co.nz

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Gentrack | Gentrack Reports 25.5% Growth In FY24, Delivering On …

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Nov 26, 2024 · Gentrack reports 25.5% growth in FY24, driven by global expansion and key transformation projects. ... and a commitment to supporting utilities and airports with modern …

gentrack.com

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Stock Takes: Profit Vs. Growth In Tech IPOs - NZ Herald

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The company is looking to raise up to $100 million through its listing, which it will use to pay down debt and enable a partial sell-down of stock by existing shareholders. Advertisement Advertise ...

nzherald.co.nz

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Gentrack's Revenue Soars By 25.5%, Profit Dips Due To Investment …

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Nov 26, 2024 · Gentrack makes critical software for airports and energy and water companies. Gentrack's full-year result for the year to Sept 30 reported revenue increased to $213.2m while …

businessdesk.co.nz

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Debt-free Gentrack Would Look At Acquisitions Up To $20M After IPO

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Jul 11, 2018 · The $33 million debt component of that transaction plus costs associated with the IPO will use all of the proceeds of the sale of new shares, about $36 million. After the IPO, the …

nbr.co.nz

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Gentrack Raises $52.4 Million In Discounted Share Offer

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Jul 8, 2018 · Gentrack Group said it raised about $52.4 million in a discounted stock offer to institutional investors as part of a two-stage share sale aimed at raising...

nzherald.co.nz

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Gentrack Group Sees Revenue Growth Amid Profit Dip

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Nov 25, 2024 · Gentrack Group Ltd reported a 25.5% increase in total revenue for the year ending September 30, 2024, reaching NZD 213.2 million, though net profit declined by 5% to NZD 9.5 …

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Gentrack Targets $100m With IPO - NZ Herald

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Capital raised through the issue of new shares will be used to pay down Gentrack's existing debt of $33.1 million. Existing shareholders will continue to own just over 40 per cent of the company.

nzherald.co.nz

FAQs about Tech company Gentrack raises $25.8m to pay off debt Coupon?

Who owns Gentrack shares?

Gentrack CEO Gary Miles holds 1.14% of Gentrack shares. (Image: NZME) Utilities software company Gentrack’s revenue increased by 25.5%, but profit fell to $9.5 million after booking a $1.3m loss to its investment in an Australian tech energy company. Gentrack makes critical software for airports and energy and water companies. ...

Does Gentrack make a profit?

Gentrack makes critical software for airports and energy and water companies. Gentrack's full-year result for the year to Sept 30 reported revenue increased to $213.2m while earnings before interest, taxation, depreciation and amortisation (Ebitda) were $23.6m, $400,000 more than the previous financial year. Excluding one-off revenu... ...

What's new in Gentrack's full-year revenue guidance?

And full-year revenue guidance - already bumped from $157m-160m to $170m, has been increased again, this time to $200m. Gentrack’s software for managing baggage systems, check-ins and other systems is now installed at 160 airports worldwide, with new AI features being piloted at Auckland Airport and several European airports. ...

Who is Gentrack CEO Gary miles?

Gentrack CEO Gary Miles. Photo / Michael Craig Gentrack, the maker of software used by power companies, water utilities and airports, has reported a strong first half and increased its earnings and revenue guidance for the full year. Shares were up 19.1 per cent to $9.48 in midday trading, for a market cap of $981 million. ...

How did Gentrack perform in the first half?

Gentrack, the maker of software used by power companies, water utilities and airports, has reported a strong first half and increased its earnings and revenue guidance for the full year. Shares were up 19.1 per cent to $9.48 in midday trading, for a market cap of $981 million. Advertisement Advertise with NZME. Advertisement Advertise with NZME. ...

Is Gentrack outperforming the market?

Gentrack is now outperforming the market, delivering a sustainable agenda and is committed to transparency & growth. have great career opportunities, attrition is significantly lower than tech benchmark and net people growth of 23% from HY22 to HY23. who drive the market direction. Our tech roadmap is resonating well. ...