Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Swift Networks Group Ltd (SW1.ASX) |
|---|---|
| Release Time | 29 Oct 2025, 8:14 a.m. |
| Price Sensitive | Yes |
Swift Networks Reports Q1 Activities and Cash Flow
- First Swift TV orders secured from Australia's largest Aged Care provider and Cherratta Lodge in mining sector
- $2.4m Chevron renewal and Uniting NSW expansion to 25 sites
- Swift TV commercial rollout on track for Q3 FY26, with early customer demand and install pipeline building
Swift Networks Group Ltd (ASX:SW1) reported its Q1 activities and Appendix 4C cash flow report for the quarter ended 30 September 2025. Key highlights include securing the first Swift TV orders from Australia's largest Aged Care provider and Cherratta Lodge in the mining accommodation sector, a $2.4m renewal with Chevron and expansion of the partnership with Uniting NSW to 25 total sites, and progress on the commercial rollout of Swift TV planned for Q3 FY26 with early customer demand and an expanding install pipeline. The company also completed an oversubscribed $1.6m placement and received $0.6m from warrant exercises to fund the Swift TV rollout. Swift's recurring revenue base, product innovation, and expansion into high-value markets position the company for a transformational FY26. The introduction of Swift TV is expected to lower costs, simplify deployment, and broaden market reach. Swift remains focused on margin expansion, scale, and recurring revenue growth.
Swift expects the commercial rollout of Swift TV to commence in Q3 FY26, with early customer demand and an expanding install pipeline building.
Swift is targeting potential partners in new industries and geographies to drive market penetration of its new Swift TV platform, which is expected to enable scalable growth.