Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Webcentral Ltd ( (AU:5GN) ).
5G Networks Ltd has reported strong financial results for FY25, with an 8% increase in revenue from continuing operations and a total consolidated revenue rise of 27% to $62.6 million, including contributions from its acquisition of AUCyber. The company achieved a positive EBITDA of $3.2 million, marking a significant turnaround, and expanded its operations into sovereign cloud and cyber security services. The acquisition of a controlling stake in AUCyber has positioned 5GN as a key provider to government and critical national industries, enhancing its market positioning. The company maintains a strong balance sheet with $29 million in cash, despite significant investments and shareholder returns, and is well-positioned for sustainable growth and shareholder value.
More about Webcentral Ltd
5GN is an Australian-owned digital services company that supports over 2,500 corporate clients with a wide range of digital services, including cloud, data networks, data centers, managed IT services, and digital marketing. The company operates a high-speed data network with points of presence in major Australian cities and internationally, offering managed cloud solutions and optimizing IT and network environments. 5GN is dedicated to fostering online success for its customers through expertise, innovation, and personalized service.
Average Trading Volume: 130,539
Technical Sentiment Signal: Sell
Current Market Cap: A$38.72M
See more insights into 5GN stock on TipRanks’ Stock Analysis page.