I don't recall, but they were probably referring to IKE Insight, and their use of AI equipped drones to do pole inspections/data collection.
Have a read of this:
https://ikegps.com/ikewire/ai-and-ml...d-reliability/
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I don't recall, but they were probably referring to IKE Insight, and their use of AI equipped drones to do pole inspections/data collection.
Have a read of this:
https://ikegps.com/ikewire/ai-and-ml...d-reliability/
Seems as though ERD”s current sentiment rubbing on IKE. Ripe for possible pick up by some overseas entity/fund perhaps?
Attachment 14655classic double-bottom. Hopefully upward from here...
A useful SaaS metric is the Rule of 40 …….being Revenue Growth % plus EBITDA margin %
IKE is 92% plus (-32%) giving a Rule of 40 score of 60% which is above 40% so followers of SaaS companies would say IKE performing well.
A recent Clare Capital ranked ANZ SaaS companies on this metric and IKE was near the top.
IKE share price not looking too good at the moment though. It’s been in a steady downtrend from that recent high of 106.
Hope share price doesn’t fall back into the 60’s
Never mind. Google is my friend.
rule of 40 not looking good based on the quarterly numbers. IKE staring down the barrel of 3 quarterly revenue drops
IKE reports Q1 FY24 this week. Based on their commentary if they do over $7.5m (same as Q4 FY23) its a great result.
Might have to wait for monday for Q1 update. Maybe making so much money need another day to count it all :eek2:
Where is this Q1 update at..?
Want to see if they have done over $7,500k for the quarter
Where did you read that they report this week? I can’t see any announcements or info re that.