Nov 25, 2024 / 09:30PM GMT
Gary Miles - Gentrack Group Ltd - Chief Executive Officer, Managing Director, Executive Director
Okay. Hi, everybody. This is Gary Miles here, the CEO of Gentrack. Welcome to our full-year earnings results for FY24.
I'm here in Melbourne. We're headed up to Sydney shortly tomorrow and then off to Auckland and Wellington next week. It's also nice to see some US participants on the call. Welcome. So let's jump right into it.
If we go to the opening slides on our financial headlines, revenue was strong. We had a 25.5% growth. What's important to call out is we actually had, I think, the end of our discussions around insolvencies in the UK.
We had $27 million worth of insolvencies in FY23 that were a one-off revenue, so that basically started our year theoretically at $142 million. So to move to $213 million was an excellent outcome.
I think that the utilities business grew strongly, and we'll talk about what the drivers are for that growth. On the Veovo airports business, the Veovo business continues to roar ahead.
I would like to call out, because we want to
Full Year 2024 Gentrack Group Ltd Earnings Call Transcript
Nov 26, 2024
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