Appendix 4C and Change in Company Secretary
| Stock | Swoop Holdings Ltd (SWP.ASX) |
|---|---|
| Release Time | 30 Apr 2026, 8:28 a.m. |
| Price Sensitive | Yes |
Swoop Holdings reports Q3 FY26 results
- Customer receipts up 35% YoY to $36.6m
- Free cash flow improved by $0.7m to -$3.3m
- Momentum in core business remains strong
Swoop Holdings Limited (ASX: SWP) has released its quarterly activities report and Appendix 4C for the three-month period ended 31 March 2026 (Q3 FY26). Key highlights include:- Customer receipts delivered strong year-on-year growth, reaching $36.6m in Q3 FY26, up 35% on the prior corresponding period (pcp). This was driven by accelerating growth in the company's NBN and Mobile products, as well as contributions from the Melbourne Fibre Project. Excluding one-off project revenues, customer receipts increased 24% on the pcp.- Free Cash Flow (FCF) improved by $0.7m for the quarter compared to the pcp, finishing at -$3.3m. Excluding the impact of cash flows from the Melbourne Fibre Project, underlying free cash flow of the core business improved by approximately $5.1m on the prior corresponding period and was positive at approximately $1.1m for the quarter.- Momentum in the company's core business remains strong, with monthly recurring sales up 67% and monthly revenue up 17% compared to the pcp. This reflects Swoop's continued focus on core NBN and Mobile products and its commitment to exceptional customer service.- Swoop closed Q3 FY26 with $11.2m in available funding, including $4.2m cash, providing a solid platform to complete the Melbourne Fibre Project and accelerate growth in the core NBN and Mobile business.