Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Comms Group Ltd. (Australia) ( (AU:CCG) ) has shared an update.
Comms Group Limited reported solid financial results for the first half of FY25, with total revenue reaching $27.05 million, marking a slight increase from the previous year. Despite a 19% decrease in underlying EBITDA due to increased employee costs from global expansion, the company secured $5.9 million in new annual recurring revenue and completed key security certifications. These developments are expected to enhance future growth opportunities and improve the company’s market positioning.
More about Comms Group Ltd. (Australia)
Comms Group Limited is an Australian company operating in the telecommunications industry, focusing on cloud communications, collaboration services, and secure modern workplace solutions. The company is expanding its global business operations, with a market focus on enterprise and government sectors in the UK, Europe, and North America.
YTD Price Performance: -7.50%
Average Trading Volume: 257,637
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$28.81M
Find detailed analytics on CCG stock on TipRanks’ Stock Analysis page.