Gentrack Group (ASX:GTK) Adds Momentum Energy Contract Ahead of FY26 Results

Aditi Sarkar

12 November 2026 08:50 PM AEDT

Gentrack Group (ASX:GTK) Adds Momentum Energy Contract Ahead of FY26 Results

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Highlights

Gentrack announced a contract with Momentum Energy for its g2 product on 20 October 2026.
Its May 2026 FY26 guidance called for Revenue between NZD 229 mn and NZD 238 mn.
Management forecast Recurring Revenue of approximately NZD 174 mn, representing growth above 10%.
The company reaffirmed its medium-term ambition for annual growth exceeding 15% in its half-year presentation.

Gentrack has signed a new Utility software contract while continuing to build recurring revenue across its energy and airport software operations. Gentrack Group (ASX:GTK) has drawn attention to specific product, client and reporting developments during 2026, with the latest disclosed milestones shaping the company’s operating agenda.

A New Utility Software Contract

Gentrack announced on 20 October 2026 that it had contracted with Momentum Energy for its g2 product. The agreement provides a concrete commercial development ahead of the company’s full-year results announcement.

Gentrack supplies software and services to utility and airport customers. Its utility systems are used in markets where billing, customer management and operational change create a need for continuing software support.

Recurring Revenue in the Plan

In the company’s May 2026 half-year investor presentation, management set FY26 revenue guidance of NZD 229–238 mn. It expected recurring revenue to grow by more than 10% to around NZD 174 mn, with non-recurring revenue below FY25.

The figures were forward-looking guidance when issued. They should not be confused with the actual FY26 full-year results, which Gentrack had scheduled for a date after 12 November 2026.

Margins and Investment

The same presentation outlined an FY26 EBITDA range of NZD 13.5–20 mn, excluding Acquisition costs. Management also restated a medium-term ambition for growth above 15% annually and an EBITDA Margin of 15–20%, after expensing development costs.

Those goals describe the company’s stated financial aspirations, not guaranteed outcomes. The recurring revenue mix and programme of software Investment are part of the operating context given for those targets.

Reporting Still to Come

Gentrack’s 23 October 2026 announcement identified the date for its FY26 results. Because the reporting event followed the date of this article, its annual performance cannot be represented as a completed announcement.

The next points of interest are the reported annual figures and any disclosed details on the Momentum Energy implementation. Contract signing is established; further execution milestones will depend on company updates.

Gentrack Group shares closed at AUD 3.90 on 12 November 2026, a change of 1.30% for the session. The stock traded between AUD 3.81 and AUD 3.95, with 70,934 shares changing hands.

FAQs

Q: What is the main 2026 development?

A: Gentrack announced a contract with Momentum Energy for its g2 product on 20 October 2026.

Q: Which company activity matters for the next reporting period?

A: Management forecast recurring revenue of approximately NZD 174 mn, representing growth above 10%.

Q: Where does the share price stand?

A: The shares closed at AUD 3.90 on 12 November 2026, with a daily move of 1.30%.

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