GTK - Gentrack

[James108]

At $9.80.

A reminder that a giant dilution event occurs at $10.00.

I don't think it does? My memory of the incentive plan is that they need $10 for maximum incentives but surely it was pro-rata below $10.

Can't quite be bothered looking it up.

[winner69]

I don't think it does? My memory of the incentive plan is that they need $10 for maximum incentives but surely it was pro-rata below $10.

Can't quite be bothered looking it up.

Share price $10 plus EPS gate (not too onerous) results in about 9% dilution

But then we’re all richer than a year or so ago eh

[LaserEyeKiwi]

Share price $10 plus EPS gate (not too onerous) results in about 9% dilution

But then we’re all richer than a year or so ago eh

It seems hugely problematic to me that they get almost 10% of the company granted to them for a rather low bar - especially when they had internal knowledge of as yet unannounced deals as they pushed for the incentive plan.

Yes i am happy at the share price gain. No I dont think it warrants such a huge payout.

[sb9]

Are we thr yet, hmm 9.99. Tht we may break 10 bucks resistance today.

[Jaa]

Kudos to whoever is keeping the price at 9.99

Assume the robbery only occurs on the closing price or is the VWAP for the day?

[sb9]

Finally past $10 mark, funds getting in ahead of tech index addition on ASX perhaps..

Good chat the other day by Gary on Sharesies, worth a watch.

Energy and water tech on steroids—Gentrack (youtube.com)

[daveypnz]

Has the dilution occurred?

[sb9]

$10.70 and looking strong, next stop $11?

[percy]

A Bell Potter pick;NB au$
Gentrack (GTK)
Gentrack is a recent S&P/ASX All
Technology Index inclusion after a
significant share price appreciation of
c.150% (market cap c.<1bn) over the
past year due to strong execution and
consistent guidance upgrades. GTK
generates 85% of its revenue (majority
recurring) from its specialised energy/
water utilities enterprise billing/CRM
(customer relationship management)
platforms and is leveraged to
future-facing distributed energy and
decentralised storage trends, which
have coincided with significant tech
debt within legacy solutions. Although
it appears expensive at c.40x FY24
and c.30x FY25 EV/EBITDA multiples,
we believe the valuation is justified
with a long and visible opportunity for
revenue growth, as well as margin
expansion following investment in
headcount to deliver on its pipeline
of deployments and integrations in
addition to geographic expansion into
Asia and EMEA.
Buy, Price Target $10.90

[sb9]

A Bell Potter pick;NB au$
Gentrack (GTK)
Gentrack is a recent S&P/ASX All
Technology Index inclusion after a
significant share price appreciation of
c.150% (market cap c.<1bn) over the
past year due to strong execution and
consistent guidance upgrades. GTK
generates 85% of its revenue (majority
recurring) from its specialised energy/
water utilities enterprise billing/CRM
(customer relationship management)
platforms and is leveraged to
future-facing distributed energy and
decentralised storage trends, which
have coincided with significant tech
debt within legacy solutions. Although
it appears expensive at c.40x FY24
and c.30x FY25 EV/EBITDA multiples,
we believe the valuation is justified
with a long and visible opportunity for
revenue growth, as well as margin
expansion following investment in
headcount to deliver on its pipeline
of deployments and integrations in
addition to geographic expansion into
Asia and EMEA.
Buy, Price Target $10.90

Thanks percy, holders “well positioned”, lol