Ikegps Group Ltd at ASX Small and Mid-Cap Conference (Virtual) Transcript
I'm Glenn Milnes, CEO of IKE. So we're a US-based software company. We drive dramatic productivity improvements for electric utility companies and for communication companies who are deploying or maintaining their distribution networks. So either a power network or a fiber or a 5G network.
Today, here in the United States, we have more than 320 enterprise subscription customers on our platform that includes 5 of the top 10 investor-owned utilities in North America. We also have many of the tier-1 and the tier-2 communications companies, so groups like AT&T, Crown Castle, et cetera, using our technology.
We're growing fast. This year, we expect to grow at around 60% to 70%. We have a fortress balance sheet. We've got about $30 million of cash and receivables, about $26 million of cash. And we expect our growth rates to continue just based on our annualized contract value, which is up around $28 million based on the second half of this year. And that's against a revenue year of about $9.3 million for our FY21.
So I'd like to use
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