Gentrack provides updated guidance for FY22

Gentrack Group Ltd | ARBN 169 195 751

Gentrack Group
17 Hargreaves Street, St Marys Bay Auckland 1011,
PO Box 3288, Auckland 1140, New Zealand
Ph: +64 9 966 6090 Email:
info@gentrack.com
www.gentrack.com



24 February 2022
Gentrack provides updated guidance for FY22
Gentrack Group Limited (NZX/ASX: GTK) (“Gentrack”) advises that group revenues
for FY22 are forecast to be around $115m (vs FY21 revenues of $105.7m). This
revenue growth is a result of the group’s strategy to deliver innovative solutions to
new and existing customers and is despite headwinds due primarily to UK B2C
supplier insolvencies. FY22 EBITDA is expected to be in low single-digits ($’m) as
the company executes against its strategy plan, highlighted in June 2021,
increasing investment in Research and Development as well as Sales and Marketing
to continue to drive future growth.

ENDS

Contact details regarding this announcement:
Kerry Nickels – Company Secretary
+64 9 966 6090

About Gentrack
Gentrack designs, builds and delivers the high-performing, cloud-first revenue and
customer experience solutions found at the heart of leading utilities and airports
around the world.  Our customers lead in some of the most deregulated and
innovative markets in the world; pioneering innovation, driving effective
transformation in the management and delivery of two of our planet’s most precious
resources; energy and water. More information: https://www.gentrack.com