• Software revenue increased 23% driven by new licensing deals
• Underlying Network as a Service (NaaS) revenue grew 31% on strong demand
• High-margin software revenue now 56% of total, up from 32% at start of FY25

Activeport Group Ltd (ASX:ATV) is pleased to announce its Q4 FY25 activities and financial results, showcasing strong performance across its high-margin software and Network as a Service (NaaS) segments. Software revenue increased by 23% to $480K, driven by new licensing deals and expanded adoption of orchestration solutions. Underlying NaaS revenue grew by 31% to $734K, reflecting robust early demand for the new Global Edge platform on the FibreconX network. Total SaaS revenue remained steady at $1.7M as gains in Global Edge were offset by rationalisation of low-margin services contracts. High-margin software-generated revenue now comprises 56% of total revenue, up from 32% at the start of FY25. The combination of higher margin revenue and stable costs delivered a 43% improvement in cash consumed across the last two quarters. The quarter saw significant software sales wins later in June, including deals with Telekom Malaysia, Ishan Technologies, Reliance Jio, and the Company's Global Edge NaaS platform. These contracts, set to deliver first revenue in Q1 FY26, provide a strong foundation for consistent recurring revenue growth. Activeport's Global Edge NaaS platform delivered an additional $3.2M of total contract value in June and July, driven by strong adoption of the new service in Sydney and Melbourne. The refreshed sales team is building a burgeoning pipeline of new software revenue opportunities in Telco, ISP and Data centres globally, with at least 5 additional new projects slated for the first half of FY26.

Activeport expects to deliver steadily increasing recurring revenue and cash receipts moving forward, with a robust pipeline of new projects and the exceptional performance of its Global Edge NaaS products.