Swift TV Ltd (ASX:STV) has announced a three-year subscription agreement with Aegis Aged Care Group covering two Western Australian facilities, with a combined minimum Total Contract Value of $141,048 excluding GST, commencing 1 November 2026.

Key Points

  • 36-month contract extensions secured across two Aegis Aged Care facilities in Western Australia
  • Minimum Total Contract Value of $141,048 (excluding GST) across both facilities
  • TCV could increase to $189,648 through optional Entertainment+ subscriptions
  • Contract term commenced 1 November 2026, with annual CPI adjustments and automatic 12-month renewal provisions included

Contract Terms and Value

According to the filing, the agreements carry a combined minimum Total Contract Value of $141,048 excluding GST across the two Aegis Aged Care facilities. The filing states that the TCV could increase to $189,648 should optional Entertainment+ subscriptions be taken up. The new contract term commenced on 1 November 2026. The agreements also include provisions for annual CPI adjustments and automatic 12-month renewal provisions, as disclosed in the company update.

Aegis Aged Care Group Details

The filing identifies Aegis Aged Care Group as Western Australia's largest privately owned residential aged care provider, operating 30 facilities and supporting more than 3,000 residents. The subscription agreement covers two of those Western Australian facilities. Swift TV described the arrangement as a continuation of an established relationship with the aged care provider, with CEO Brian Mangano stating in the filing: "We are pleased to be continuing our relationship with Aegis Aged Care for another three years."

Swift TV's Aged Care Solutions

Swift TV describes itself in the filing as a technology company delivering enterprise in-room engagement and entertainment. Its flagship product, Swift TV, is described as an all-in-one connected TV product designed for scalable deployment in enterprise environments including aged care, mining, oil and gas, and hospitality. The filing states that Swift's aged care solutions bring entertainment, communication and engagement together, helping residents stay informed and connected, and that the product supports integrations that optimise business outcomes.