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Comms Group Ltd. (Australia) ( (AU:CCG) ) has shared an update.
Comms Group Ltd. experienced significant growth in the 2025 financial year, marked by domestic and international expansion, including the acquisition of TasmaNet, which bolstered its presence in Tasmania. The company reported strong financial results, with group operating revenue reaching $56.6 million and underlying EBITDA at $5.7 million, driven by revenue growth, improved margins, and increased capabilities. The acquisition of TasmaNet added valuable network assets and a robust customer base, enhancing long-term recurring revenue. The global and wholesale division expanded its market reach, securing new multinational customers and strengthening relationships with key partners, reflecting the strength of its global platform.
More about Comms Group Ltd. (Australia)
Comms Group Ltd. is an Australian company operating in the telecommunications industry, providing cloud communications, collaboration, and secure managed IT solutions domestically, as well as global and wholesale unified communications internationally. The company focuses on expanding its market presence both domestically and internationally, with a strong emphasis on customer retention and service expansion.
Average Trading Volume: 525,497
Technical Sentiment Signal: Hold
Current Market Cap: A$34.7M
See more data about CCG stock on TipRanks’ Stock Analysis page.