ikeGPS Group (ASX:IKE) reported what management described as a “very strong” third quarter performance update, highlighting accelerating subscription growth, improving gross margins, and continued momentum in its IKE PoleForeman product. Management called out the performance of IKE PoleForeman, saying the product—launched two years ago—has exceededof the exit run rate ARR. Recognized subscription revenue for the nine months year to date was NZD 14.1 million, up 38% year-over-year. Management added that third-quarter subscription revenue was about NZD 5.3 million, representing 43% year-over-year growth. For the year to date, revenue grew around 7%, and year-over-year quarterly revenue growth was around 11%, with management emphasizing that the mix continues to shift toward subscriptions.