Key points
- Record Group Revenue of $74.5m, up 31.6% from FY25
- Underlying Group EBITDA increased to $8.7m, up 52%
- Net Profit before tax increased to $1.4m
- New sales contracts signed with ARR of $10.9m
- Sale of onPlatinum for $30.0m expected by end of Q1 FY27
Full summary
Comms Group Limited (ASX:CCG) announced its financial results for the full year ended 30 June 2026 (FY26). The company reported a 31.6% increase in Group Revenue to $74.5 million and a 52% increase in Underlying Group EBITDA to $8.7 million. Net Profit before tax rose to $1.4 million. New sales contracts signed totaled $10.9 million in Annual Recurring Revenue (ARR). The company also announced the sale of its Secure Managed IT Solutions (ICT) business, onPlatinum, for $30.0 million, expected to settle by the end of Q1 FY27. The sale will simplify the company's focus on cloud and unified communications. The company refinanced its term loan with Westpac under a new three-year facility on improved commercial terms.
Guidance
FY26 Group Revenue: $74.5m, Underlying Group EBITDA: $8.7m, Net Profit before tax: $1.4m
Outlook
The company enters FY27 with a strong earnings base and a strong sales pipeline. Priorities include completing the onPlatinum sale, reducing net debt, and continuing the international expansion of the Global Unified Communications business.