ikeGPS Group Limited

NZSE:IKE Stock Report

Market Cap: NZ$234.9m

ikeGPS Group Management

Management criteria checks 3/4

ikeGPS Group's CEO is Glenn Milnes, appointed in Jan 2013, has a tenure of 13.33 years. total yearly compensation is NZ$1.23M, comprised of 84.8% salary and 15.2% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth NZ$1.25M. The average tenure of the management team and the board of directors is 2.8 years and 6.3 years respectively.

Key information

Glenn Milnes

Chief executive officer

NZ$1.2m

Total compensation

CEO salary percentage84.79%
CEO tenure13.3yrs
CEO ownership0.5%
Management average tenure2.8yrs
Board average tenure6.3yrs

Recent management updates

Analysis Article Sep 23

Increases to ikeGPS Group Limited's (NZSE:IKE) CEO Compensation Might Cool off for now

Key Insights ikeGPS Group will host its Annual General Meeting on 30th of September Salary of NZ$1.04m is part of CEO...
Analysis Article Sep 20

ikeGPS Group Limited's (NZSE:IKE) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Insights ikeGPS Group will host its Annual General Meeting on 27th of September CEO Glenn Milnes' total...

Recent updates

Analysis Article Oct 31

Market Participants Recognise ikeGPS Group Limited's (NZSE:IKE) Revenues Pushing Shares 34% Higher

The ikeGPS Group Limited ( NZSE:IKE ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Sep 23

Increases to ikeGPS Group Limited's (NZSE:IKE) CEO Compensation Might Cool off for now

Key Insights ikeGPS Group will host its Annual General Meeting on 30th of September Salary of NZ$1.04m is part of CEO...
Analysis Article Jul 23

After Leaping 26% ikeGPS Group Limited (NZSE:IKE) Shares Are Not Flying Under The Radar

Despite an already strong run, ikeGPS Group Limited ( NZSE:IKE ) shares have been powering on, with a gain of 26% in...
Analysis Article May 31

Analysts Have Been Trimming Their ikeGPS Group Limited (NZSE:IKE) Price Target After Its Latest Report

It's been a good week for ikeGPS Group Limited ( NZSE:IKE ) shareholders, because the company has just released its...
Analysis Article May 13

Why Investors Shouldn't Be Surprised By ikeGPS Group Limited's (NZSE:IKE) 30% Share Price Surge

ikeGPS Group Limited ( NZSE:IKE ) shares have had a really impressive month, gaining 30% after a shaky period...
Analysis Article Feb 07

ikeGPS Group Limited's (NZSE:IKE) 49% Jump Shows Its Popularity With Investors

The ikeGPS Group Limited ( NZSE:IKE ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Sep 20

ikeGPS Group Limited's (NZSE:IKE) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Insights ikeGPS Group will host its Annual General Meeting on 27th of September CEO Glenn Milnes' total...
Analysis Article Aug 13

What ikeGPS Group Limited's (NZSE:IKE) 33% Share Price Gain Is Not Telling You

ikeGPS Group Limited ( NZSE:IKE ) shareholders have had their patience rewarded with a 33% share price jump in the last...
Analysis Article May 08

Revenues Not Telling The Story For ikeGPS Group Limited (NZSE:IKE)

When you see that almost half of the companies in the Electronic industry in New Zealand have price-to-sales ratios (or...
Analysis Article Nov 20

ikeGPS Group Limited (NZSE:IKE) Not Flying Under The Radar

ikeGPS Group Limited's ( NZSE:IKE ) price-to-sales (or "P/S") ratio of 2.8x may not look like an appealing investment...
Analysis Article Sep 22

It's Unlikely That ikeGPS Group Limited's (NZSE:IKE) CEO Will See A Huge Pay Rise This Year

Key Insights ikeGPS Group to hold its Annual General Meeting on 28th of September CEO Glenn Milnes' total compensation...
Analysis Article May 03

Here's Why We're Not Too Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 14

We're Not Very Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

CEO Compensation Analysis

How has Glenn Milnes's remuneration changed compared to ikeGPS Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-NZ$14m

Jun 30 2025n/an/a

-NZ$15m

Mar 31 2025NZ$1mNZ$1m

-NZ$16m

Dec 31 2024n/an/a

-NZ$16m

Sep 30 2024n/an/a

-NZ$15m

Jun 30 2024n/an/a

-NZ$15m

Mar 31 2024NZ$1mNZ$1m

-NZ$15m

Dec 31 2023n/an/a

-NZ$15m

Sep 30 2023n/an/a

-NZ$16m

Jun 30 2023n/an/a

-NZ$12m

Mar 31 2023NZ$1mNZ$1m

-NZ$8m

Dec 31 2022n/an/a

-NZ$4m

Sep 30 2022n/an/a

-NZ$534k

Jun 30 2022n/an/a

-NZ$4m

Mar 31 2022NZ$1mNZ$836k

-NZ$8m

Dec 31 2021n/an/a

-NZ$9m

Sep 30 2021n/an/a

-NZ$11m

Jun 30 2021n/an/a

-NZ$9m

Mar 31 2021NZ$988kNZ$824k

-NZ$7m

Dec 31 2020n/an/a

-NZ$7m

Sep 30 2020n/an/a

-NZ$7m

Jun 30 2020n/an/a

-NZ$7m

Mar 31 2020NZ$794kNZ$794k

-NZ$6m

Compensation vs Market: Glenn's total compensation ($USD717.59K) is above average for companies of similar size in the NZ market ($USD387.83K).

Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.


CEO

Glenn Milnes

13.3yrs
Tenure
NZ$1,225,723
Compensation

Mr. Glenn Milnes, MBA (Dist.), BSc (Hons), B PhD, serves as the Chief Executive Officer since 2013 and Managing Director of ikeGPS Group Limited. Mr. Milnes serves as an Investment Director at No 8 Venture...


Leadership Team

NamePositionTenureCompensationOwnership
Glenn Milnes
CEO, MD & Executive Director13.3yrsNZ$1.23m0.53%
NZ$ 1.2m
Leon Mathieu van Toorenburg
Founder & CTOno dataNZ$384.60kno data
Paul Cardosi
Chief Financial Officerless than a yearno datano data
Jonathan Brigham
Director of Operations4.7yrsno datano data
Simon Hinsley
Head of Investor Relationsno datano datano data
Chris DeJohn
Senior Vice President of Sales & Business Developmentno datano datano data
Ani Adzhemyan
Chief Marketing Officer2.3yrsno datano data
Lydia Siloka
Head of Peopleno datano datano data
Malcolm Young
Senior VP of Structural Analysis & Head of IKE Structuralno datano datano data
Jareth Rossking
Head of Engineeringno datano datano data
Brett Willitt
Senior Vice President of Product2.8yrsno datano data
2.8yrs
Average Tenure

Experienced Management: IKE's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Glenn Milnes
CEO, MD & Executive Directorno dataNZ$1.23m0.53%
NZ$ 1.2m
Frederick Lax
Independent Non-Executive Director11.8yrsNZ$90.36k0.27%
NZ$ 636.4k
Mark Ratcliffe
Independent Non-Executive Director6.3yrsNZ$92.17k0.12%
NZ$ 278.2k
Roderick Snodgrass
Independent Non-Executive Directorless than a yearno datano data
Alex Knowles
Non-Executive Chairman15.3yrsNZ$108.43kno data
Rosalind Buick
Independent Non-Executive Director2.5yrsNZ$66.42k0.0099%
NZ$ 23.2k
6.3yrs
Average Tenure
60yo
Average Age

Experienced Board: IKE's board of directors are considered experienced (6.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 22:21
End of Day Share Price 2026/05/21 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ikeGPS Group Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael ArdreyBell Potter
James FiliusBell Potter
Richard HarrisbergCanaccord Genuity