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Pentanet Limited (ASX:5GG)

ALERT: Price-sensitive ASX Announcement for 5GG
Current share price for 5GG : $0.016 0.001 (6.67%)+
Announcement
Release
3 Aug 2026 8:28AM
Price at Release
$0.015
Full Release
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Summary
Pentanet Limited's FY26 Business Update highlights significant advancements in their digital infrastructure strategy, resulting in improved financial performance. The company reported an 8% increase in group revenue to $24.4 million and a 74% rise in EBITDA to $2.4 million, indicating strong operating leverage and cost discipline. As an NVIDIA GeForce NOW Alliance Partner, Pentanet has capitalized on the rising costs of hardware, enhancing the value proposition of its CloudGG gaming service, which operates on one of Australia's largest NVIDIA GPU clusters. The company's subscriber base shows resilience, with a 15% increase in higher-margin 5G subscribers, contributing to a steady foundation of recurring revenues. Pentanet also launched a new branding campaign, 'Nothing But Net,' to increase awareness and purchase intent. Looking forward, the company expects continued growth in premium cloud gaming and remains focused on strategic infrastructure utilization rather than expansion.
Key Points
  • Pentanet reported an 8% increase in group revenue to $24.4 million.
  • EBITDA rose by 74% to $2.4 million, highlighting improved financial performance.
  • Pentanet is an NVIDIA GeForce NOW Alliance Partner in Australia & New Zealand.
  • The company owns one of Australia's largest NVIDIA GPU clusters.
  • Subscriber growth is supported by a 15% increase in higher-margin 5G subscribers.
  • A new branding campaign, 'Nothing But Net,' has been launched.
  • The company focuses on strategic infrastructure utilization instead of expansion.
  • Pentanet expects future growth in premium cloud gaming.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.