Comms Group Ltd reported a robust financial performance for the first half of the fiscal year ending December 2025. The company achieved a 39% increase in total revenue, reaching $37.6 million, driven by strong growth in its Global & Wholesale division. The underlying EBITDA saw an impressive rise of 87.3% to $4.5 million, with the EBITDA margin improving to 12.0%. The company turned a profit with a positive net profit before tax of $0.8 million. Significant contributions came from the continued integration of TasmaNet, which added substantial revenue. The company also declared a modest interim dividend, indicating strong financial health and cash flow management, with an ending cash position at $4.0 million after strategic investments in acquisitions and capital expenditures.
Key Points
Comms Group Ltd reported a total revenue of $37.6 million, marking a 39% increase in the first half of FY26.
The company's Global & Wholesale division demonstrated strong organic revenue growth.
Underlying EBITDA for 1H FY26 was $4.5 million, an increase of 87.3% compared to the prior period.
Group Underlying EBITDA margin increased by 310 basis points to 12.0%.
Comms Group achieved a positive Net Profit Before Tax of $0.8 million.
Underlying NPATA increased to $1.8 million, roughly a 100% increase.
TasmaNet integration is progressing well, with revenue contributions from this entity in the first half.
The company declared an interim dividend of 0.125 cents per share, fully franked.
Ending cash position was $4.0 million, with key investments in business acquisitions and capex.
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.