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Comms Group Ltd. (Australia) ( (AU:CCG) ) has issued an announcement.
Comms Group Limited reported a record first-half FY26 performance, with revenue up 39% to $37.6 million and underlying EBITDA jumping 87.3% to $4.5 million, driven by strong contributions from its Global & Wholesale and Secure Managed IT divisions and improved margins. The company delivered solid organic growth, secured $5.4 million in new annual recurring revenue, advanced the integration of TasmaNet in line with plan, and reaffirmed progress toward its FY26 run-rate revenue and earnings targets while declaring an interim dividend.
The most recent analyst rating on (AU:CCG) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Comms Group Ltd. (Australia) stock, see the AU:CCG Stock Forecast page.
More about Comms Group Ltd. (Australia)
Comms Group Limited is an Australia-based global communications and IT services provider listed on the ASX. The company operates across Global & Wholesale, Secure Managed IT Solutions, and Cloud Communications and Collaboration, including its TasmaNet business, serving corporates and government clients across Asia-Pacific and Europe.
Average Trading Volume: 322,561
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$35.52M
For detailed information about CCG stock, go to TipRanks’ Stock Analysis page.