Main takeaway: Company has reduced cost base to maintain the timeframe towards both earnings and cash positive operations.
IkeGPS Group has cut about 19% of its total number of employees – mostly US-based back office and service roles – to keep it on target for achieving both earnings and cash positive operations.
The NZX and ASX-listed company – whose technology helps utilities such as lines companies manage
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).