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Comms Group Ltd (ASX:CCG)

ALERT: Price-sensitive ASX Announcement for CCG
Current share price for CCG : $0.083 0.01 (13.70%)+
Announcement
Release
11 May 2026 11:47AM
Price at Release
$0.073
Full Release
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Summary
Comms Group Ltd, a Sydney-based provider of communications and managed IT services, presented its financial and operational results at the Australian Microcaps Conference in May 2026. The company reported a 39.2% increase in revenue to $37.6 million for the first half of FY26 compared to the previous period, driven by strong performance in their Global & Wholesale segment and the integration of TasmaNet. Their underlying EBITDA rose by 87.3% to $4.5 million. The group is focused on expanding its market share across the Asia-Pacific region, with significant investments in cloud and network capabilities to support new sales and operational synergies. The strategic outlook includes targeting revenue growth, margin expansion, and acquisitions, with an annualized EBITDA goal of $9-10 million.
Key Points
  • Revenue increased by 39.2% to $37.6 million in 1H FY26.
  • Underlying EBITDA rose by 87.3% to $4.5 million.
  • Strong performance in Global & Wholesale and Secure Managed IT services.
  • Integration of TasmaNet contributed to growth.
  • Targeting $75 million annualized revenue.
  • Focus on expanding in Asia-Pacific region.
  • Significant investments in cloud and network capabilities.
  • Annualized EBITDA target of $9-10 million.
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.