InvestSMART

Comms Group Ltd (ASX:CCG)

ALERT: Price-sensitive ASX Announcement for CCG
Current share price for CCG : $0.082 -0.004 (-4.65%)+
Announcement
Release
24 Aug 2026 9:23AM
Price at Release
$0.086
Full Release
download
Summary
In FY26, Comms Group Ltd reported significant financial growth, with total revenue increasing by 31.6% to $74.5 million, driven by strong contributions from both the Global and ICT segments. The underlying EBITDA rose by 52% to $8.7 million, exceeding market expectations, and was supported by strategic acquisitions like TasmaNet. Gross Profit also saw a substantial increase of 30.8%, reaching $35.5 million. The company achieved an impressive underlying EBITDA margin of 11.7%, up from 10.1% the previous year. Comms Group maintained a robust cash flow with $4.7 million from operations, despite significant integration and transaction costs. The sale of onPlatinum for $30 million was announced, expected to complete in Q1 FY27, reflecting strong value creation for shareholders. A final dividend of $0.00125 per share was declared, highlighting Comms Group's commitment to returning value to shareholders.
Key Points
  • Revenue increased by 31.6% to $74.5 million.
  • Underlying EBITDA rose by 52% to $8.7 million.
  • Gross Profit increased by 30.8% to $35.5 million.
  • Underlying EBITDA margin improved to 11.7%.
  • Strong cashflow with $4.7 million from operations.
  • Sale of onPlatinum announced for $30 million.
  • Final dividend of $0.00125 per share declared.
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.