Chair's Address to Shareholders

Open PDF
Stock Comms Group Ltd (CCG.ASX)
Release Time 25 Nov 2025, 11:26 a.m.
Price Sensitive Yes
 Comms Group Ltd Delivers Strong FY25 Results
Key Points
  • Domestic business units delivered solid performance and margin improvement
  • Completed acquisition of TasmaNet, strengthening presence in Tasmanian market
  • Global and Wholesale business achieved significant growth and expanded market reach
Full Summary

Comms Group Ltd reported a successful 2025 financial year, characterized by enhanced capability, scale, and strong international momentum, as well as continued domestic growth. The company's domestic business units delivered a solid performance, maintaining revenue while improving margins and generating strong cash profitability. This was achieved through disciplined cost management, ongoing customer retention, and steady demand for cloud and managed IT services. A major milestone was the completion of the TasmaNet acquisition, which strengthened Comms Group's presence in the Tasmanian communications market. TasmaNet is a leading provider of premium communication and managed IT services, serving the Tasmanian Government and a broad base of local businesses. The company's Global and Wholesale business continued to execute on its growth strategy, expanding its international footprint, securing new multi-national enterprise customers, and deepening relationships with key service provider partners. This resulted in a significant uplift in new sales contracts and expanded relationships with major wholesale partners. For the year ending 30 June 2025, Comms Group's Group Operating Revenue grew to $56.6 million, and Group Underlying EBITDA reached $5.7 million. Recurring and services income increased to 93% of total revenue, underscoring the strength and resilience of the company's annuity-based model. The group also secured $10.4 million in new Annual Recurring Revenue, representing a 35% increase on FY24, and recently secured an offer from a major Australian trading bank to refinance the Group's existing Term Loan on improved commercial terms.

Guidance

For the year ending 30 June 2025, Comms Group reported Group Operating Revenue of $56.6 million and Group Underlying EBITDA of $5.7 million.

Outlook

Comms Group is well-positioned for sustained growth and success, with a resilient, innovative, and future-focused organization. The company continues to maintain a healthy pipeline of quality opportunities across its business units.