Swoop Holdings Ltd FY26 Results Investor Briefing
Key points
- Revenue increased by 21.8% to $115.9M
- Underlying EBITDA was $6.1M with a margin of 5.2%
- Closing cash balance stood at $8.9M
- Active SIOs migrated to TPG network as at 26 August
- Customer satisfaction rating of 4.9/5 with over 5,000 5-star reviews
Full summary
Swoop Holdings Ltd announced its FY26 results, highlighting a 21.8% increase in revenue to $115.9M. The company maintained strong cost discipline, with operating expenses increasing by only 2.3M, a 2.4ppt improvement. Underlying EBITDA was $6.1M, reflecting a 5.2% margin. Despite gross margin compression, revenue growth and cost management partially offset this decline. The company also reported a closing cash balance of $8.9M and a 4.9/5 customer satisfaction rating based on over 5,000 5-star reviews. The company is well-positioned for FY27 with a clear focus on mobile and nbn services, a repaired balance sheet, and a scalable infrastructure in place.
Guidance
Revenue growth of 21.8% in FY26, underlying EBITDA of $6.1M with a 5.2% margin
Outlook
Swoop Holdings Ltd is poised for FY27 with a clear focus on mobile and nbn services, a repaired balance sheet, and a scalable infrastructure in place.
Summary generated by a large language model. Please interpret with care.