NNG Quarterly Activities Report and Appendix 4C Dec-25
| Stock | Nexion Group Ltd (NNG.ASX) |
|---|---|
| Release Time | 29 Jan 2026, 5:59 p.m. |
| Price Sensitive | Yes |
Nexion Group Ltd Quarterly Activities Report
- Completed sale of Nexion Networks and Blue-Sky Telecom subsidiaries for $4.55M
- Focused on data centre operations, infrastructure management, and FuseAI software platform
- Prepared submissions to ASX for trading resumption of NNG shares
Nexion Group Ltd (ASX: NNG) has reported its activities for the second quarter of the 2026 financial year. During the quarter, the company completed the sale of 100% of the share capital in Nexion Networks Pty Ltd and Blue-Sky Telecom Pty Ltd to Pier DC Pty Ltd for consideration of $4.55M. Consequently, receipts from customers of those businesses were booked for only half of the quarter. From mid-November, Nexion Group focused on its core businesses of data centre operations and infrastructure management, as well as the sales, delivery, and support of the FuseAI agentic digital twin and predictive analytics software platform. Nexion's recurring revenue from post-completion of the Networks Sale consists of two vendor finance repayments and a data centre maintenance contract that total $42,567 per month. The company is focused on building a new team in Perth to drive sales revenue from technical infrastructure maintenance contracts and the infrastructure performance optimisation and the FuseAI software platform. In the second half, Nexion will apply the FuseAI software platform to the Belmont Data centre, delivering a digital twin that monitors various aspects of the data centre. Nexion also prepared submissions to the ASX for approval to re-commence trading of NNG shares on the exchange, with the process expected to conclude during February 2026.