• Group revenue increased 41.6% to $19.4m
• Underlying EBITDA increased to $2.2m
• $2.8m in new ARR signed in Q1, with $1.8m in Q2 to date

Comms Group Limited (ASX: CCG) has provided an update on its recent business trading for the quarter ended 30 September 2025. Key highlights include: Group revenue (unaudited) of $19.4m, up 41.6% from the prior corresponding period; Underlying Group EBITDA (unaudited) of $2.2m, up from $1.1m in the prior period; Strong new sales contracts signed of $2.8m in new Annual Recurring Revenue (ARR), with momentum continuing into Q2 with $1.8m in new ARR signed over the last 6 weeks; The transition of the recently acquired TasmaNet business into Comms Group has progressed well, with all customers and suppliers now transitioned and opportunities identified for growth and cost synergies; The company has announced that it is now a Cisco Webex Certified Calling Partner, positioning Comms Group Global as a leading provider of enterprise-grade voice services into Cisco's global Webex platform across the Asia Pacific region. The company remains on track to achieve its annualised run-rate revenue target of $75m+ and annualised run-rate underlying EBITDA target of $9m to $10m.

The company expects total FY26 TasmaNet related revenue to be in the range of $17m to $19m, including revenue from the core Tasmanian business and mainland customers transferred to other Comms Group business units.

Comms Group continues to see good opportunities for growth within the TasmaNet business through a mix of new business, upsell and cross-sell from its existing business units. The company is also undertaking a substantial network and cloud platform integration and rationalisation project, which is expected to save up to $2m per annum in external costs once completed in Q4 FY26.