CCG.ASX: Presentation - Divestment of ONP and Trading Update

Presentation - Divestment of ONP and Trading Update

Stock	Comms Group Ltd (CCG.ASX)
Release Time	1 Jul 2026, 8:17 a.m.
Price Sensitive	Yes

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Comms Group Announces onPlatinum Divestment and FY26 Guidance

Key Points

Sale of onPlatinum for $30M to Thinkex Holding Pty Ltd
FY26 Revenue guidance: $74M-$75M
FY26 Underlying EBITDA guidance: $8.0M-$8.5M

Full Summary

Comms Group Ltd announced the divestment of its onPlatinum division for $30 million to Thinkex Holding Pty Ltd. The sale includes an upfront consideration of A$28.5 million and A$1.5 million held in escrow for twelve months, payable subject to conditions. The capital will be used to reduce net debt and provide a capital return/distribution to shareholders. The company expects FY26 revenue to be in the range of $74 million to $75 million, with underlying EBITDA guidance between $8.0 million and $8.5 million. The divestment is anticipated to be completed in Q1 FY27, subject to conditions precedent.

Guidance

FY26 Revenue: $74M-$75M, FY26 Underlying EBITDA: $8.0M-$8.5M

Outlook

Post-divestment, the company will provide an update on its FY27 financial outlook, including details on debt repayment, tax payments, and shareholder distributions.