1H FY26 Results Presentation - correction
| Stock | Comms Group Ltd (CCG.ASX) |
|---|---|
| Release Time | 25 Feb 2026, 11:39 a.m. |
| Price Sensitive | Yes |
1H FY26 Results Presentation - correction
- Strong organic revenue growth and EBITDA performance
- Significant increase in Global business EBITDA
- Highest Underlying Operating cash result since listing
Comms Group Limited (ASX:CCG), a leading global communications and IT services business, provided a correction to the results presentation announcement in relation to the financial results for the half year ended 31 December 2025 (1H FY26). The key updates were on Page 9 - 1H FY26 Financial Highlights, Page 18 - Cashflow Overview, and Page 19 - Balance Sheet. Comms Group delivered strong organic revenue growth of 39.2% to $37.6 million, with Gross Profit increasing 36.6% to $17.8 million. Underlying EBITDA grew 87.3% to $4.5 million, the highest half-year EBITDA reported since listing. The company's Global & Wholesale division demonstrated strong organic revenue growth, while services and recurring revenue remained above 90%. Comms Group also reported a positive NPBT of $0.8 million, a significant improvement from the NLBT of $0.3 million in the prior period. Underlying NPATA increased by around 100% to $1.8 million. The company signed new business contracts with customers, adding $5.4 million in new Annual Recurring Revenue (ARR) for 1H FY26. The TasmaNet integration continues to track to expectations, in the final stages. Comms Group also declared an interim dividend of 0.125 cents per share (fully franked).
Comms Group expects to achieve an annualised revenue run-rate of $75 million or more this financial year. The company is on track to deliver an annualised EBITDA target of between $9 million to $10 million in FY26.
Comms Group remains focused on generating strong shareholder returns through its specialised communications and managed IT services offerings. The company continues to invest in technology and service to maintain its competitive advantage, while pursuing strategically relevant and accretive growth opportunities, including M&A.