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Comms Group Ltd (ASX:CCG)

ALERT: Price-sensitive ASX Announcement for CCG
Current share price for CCG : $0.070 -0.008 (-10.26%)+
Announcement
Release
25 Feb 2026 11:39AM
Price at Release
$0.078
Full Release
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Summary
Comms Group Ltd reported its 1H FY26 results, highlighting a significant revenue increase of 39.2% to $37.6 million compared to the same period the previous year. This growth was driven by strong performances across Global & Wholesale and Secure Managed IT divisions, as well as the successful integration of TasmaNet. The underlying EBITDA rose by 87.3% to $4.5 million, with the EBITDA margin improving to 12.0%. The company recorded a net profit before tax of $0.8 million, marking a positive turnaround from a loss of $0.3 million previously. The financials reflect a robust rise in underlying NPATA to $1.8 million, a 100% increase, with margins improving to 4.9%. The results presentation underscores Comms Group's focus on organic revenue growth and strategic acquisitions to maintain strong financial performance.
Key Points
  • Revenue increased by 39.2% to $37.6 million in 1H FY26.
  • Global & Wholesale and Secure Managed IT divisions were major contributors to growth.
  • Underlying EBITDA rose by 87.3% to $4.5 million.
  • EBITDA margin improved to 12.0% from 8.9% in 1H FY25.
  • Net profit before tax was $0.8 million, a positive turnaround from a $0.3 million loss.
  • Underlying NPATA increased by 100% to $1.8 million.
  • Significant contributions from the integration of TasmaNet.
  • Focus on organic growth and strategic acquisitions.
  • Strong cash reserves with closing cash of $4.0 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.