Key points
- Consolidated revenue increased by 8% to $24.4 million
- Gross profit grew 7% to $11.8 million
- EBITDA improved by 74% to $2.4 million
- Cloud gaming revenue up 16% to $2.8 million
- Telecommunications revenue up 7% to $21.6 million
Full summary
Pentanet Ltd reported its FY26 results with consolidated revenue rising 8% to $24.4 million. Gross profit increased by 7% to $11.8 million, and EBITDA improved by 74% to $2.4 million. The gaming segment, CloudGG, saw a 16% increase in revenue to $2.8 million, driven by the transition to higher-value subscription tiers. The telecommunications segment revenue grew 7% to $21.6 million, with total subscribers reaching 18,936. The company also announced an unmodified audit opinion on the 2026 Annual Report and Financial Statements. Looking ahead, Pentanet plans to focus on increasing the utilization of its existing infrastructure, growing its gaming subscriber base, and exploring new off-peak gaming plans.
Guidance
Pentanet expects FY27 EBITDA to improve further with a focus on infrastructure utilization
Outlook
Pentanet is optimistic about FY27, aiming to increase user acquisition, improve conversion rates, and enhance infrastructure utilization.