• FY25 cash receipts $18.0m
• Positive Net Operating Cash of $0.6m for Q4 and $1.8m for FY25 (excluding interest)
• $14.2m in Subscription Revenue and $3.5m in Project Revenue for FY25 (80% recurring)

Swift Networks Group Ltd (ASX:SW1) has announced its Q4 Activity Report and Appendix 4C Cash Flow Report for the quarter ended 30 June 2025. Key highlights include FY25 cash receipts of $18.0m, positive Net Operating Cash of $0.6m for Q4 and $1.8m for FY25 (excluding interest), and $14.2m in Subscription Revenue and $3.5m in Project Revenue for FY25 (80% recurring). The company had $2.435m in cash and deposits on 30 June 2025 and reported unaudited EBITDA of $1.0m for FY25. Swift secured new mining contracts across 392 rooms at Iluka and RSA Contractors, and its Swift Access product now covers 12,959 screens with 45% CAGR since launch. The company launched a $3.3m entitlement offer, of which $1.4m was used to repay a portion of the PURE Loan facility. Swift also invested significantly in the development of its next-generation Swift Access 2026 product, which is set for release in FY26.

Swift Networks expects to report total revenues (unaudited) of $17.7m for FY25, consisting of $3.5m project revenues and $14.2m of subscription revenues. The company's unaudited EBITDA for FY25 is $1.0 million.

Swift is focused on delivering its contracted revenue in the Mining and Aged Care sectors, continuing product development to commercialize the next-generation Swift Access 2026 product, and targeting potential partners in new industries to drive market penetration of its best-in-class offering.