Highlights

• Swift TV secured a new hospitality agreement with Seashells Hospitality Group in Western Australia.

• The deployment will cover two premium accommodation properties in Broome and Mandurah.

• Recurring subscription revenue is expected to commence progressively during Q2 FY27 under a four-year subscription.

• The agreement follows Swift TV’s first hospitality agreement with Daydream Island Resort.

• Swift TV said the second agreement within weeks of market entry indicates growing commercial momentum in hospitality.

Swift TV Ltd (ASX:STV) has announced a new agreement with Seashells Hospitality Group for the rollout of Swift TV across two premium accommodation properties in Western Australia. The agreement marks the company’s second hospitality customer within weeks of entering the sector and follows its earlier agreement with Daydream Island Resort.

Swift TV shares were trading flat at AUD 0.0070 during the afternoon session on 7 July 2026. The stock remains down 30.00% over the past year. The share price performance is separate from the latest announcement, which focused on the company’s hospitality rollout, recurring subscription model and customer adoption following its entry into the accommodation market.

Swift TV is a technology company delivering enterprise in-room engagement and entertainment solutions. Its flagship product, Swift TV, is an all-in-one connected TV platform designed for scalable use across enterprise environments such as mining, oil and gas, aged care and hospitality. The platform combines entertainment, communication and engagement features while supporting integrations aimed at improving business outcomes for enterprise customers.

Second Hospitality Agreement Adds to Sector Momentum

The Seashells Hospitality Group agreement gives Swift TV another customer in the hospitality market shortly after the company’s initial entry into the sector.

The deployment will cover two premium accommodation properties located in Broome and Mandurah, Western Australia. These properties include luxury apartments and beach bungalows, giving Swift TV exposure to premium accommodation settings.

The company said the agreement provides further evidence of customer adoption and demonstrates the repeatability of its deployment model. Importantly, Seashells is already an existing Swift customer through legacy services, and the new agreement represents its transition to the Swift TV platform.

Recurring Revenue Expected from Q2 FY27

Swift TV expects recurring subscription revenue from the Seashells agreement to begin progressively during Q2 FY27 as the sites are commissioned.

The agreement is structured as a four-year subscription, aligning with the company’s strategy of building recurring revenue through long-term customer relationships.

For Swift, this is significant because the hospitality strategy is not only focused on one-off deployments but also on recurring subscription-based revenue across property groups. The company said the agreement supports its plan to scale through hospitality group relationships and may create a pathway for deployment across more properties within the Seashells portfolio over time.

Agreement Follows Daydream Island Win

The latest deal follows Swift TV’s first hospitality agreement with Daydream Island Resort, announced only weeks earlier.

Securing a second agreement within a short period is important for Swift because it provides early evidence that its hospitality offering is gaining traction after launch into the sector.

The company said this second agreement demonstrates growing commercial momentum and supports the view that its deployment model can be repeated across multiple accommodation operators.

Seashells Transition Highlights Platform Upgrade Opportunity

Swift has previously provided legacy services to Seashells Hospitality Group. The new agreement moves Seashells onto the Swift TV platform, which is positioned as the company’s flagship connected TV product.

This transition is important because it shows that Swift may be able to move existing customers from older service models onto its newer platform.

The company also said the agreement creates a foundation for possible future deployment across additional Seashells properties. While no further deployment has been confirmed, the latest agreement gives Swift a reference point within the Seashells portfolio.

Google and Netflix Certifications Strengthen Enterprise Offering

Swift said the agreement follows recent Google and Netflix certification milestones. These certifications have strengthened the company’s enterprise offering for accommodation operators.

For hospitality customers, integrated entertainment platforms need to support modern streaming and content access requirements. The certification milestones help Swift position its platform for operators seeking in-room entertainment solutions that include streaming, communication and operational features.

The company’s Managing Director and CEO, Brian Mangano, said accommodation groups are increasingly looking for scalable, enterprise-ready platforms that combine streaming, communications and operational functionality.

HITEC 2026 Expands International Engagement

The announcement also follows Swift TV’s participation at HITEC 2026 in San Antonio, Texas, one of the world’s major hospitality technology conferences.

Swift participated as an exhibitor at the event and began engagement with prospective international customers and reseller partners.

The company said the Seashells agreement further validates Swift TV within the premium hospitality sector and supports future enterprise sales and strategic distribution partnerships.

While the Seashells agreement is domestic, the HITEC participation highlights Swift’s broader hospitality ambitions and its interest in building relationships beyond Australia.

Hospitality Positioned as Strategic Growth Market

Swift views hospitality as a large and scalable global market. Accommodation operators increasingly seek integrated in-room platforms that combine guest entertainment, communication and operational tools.

The company said the Seashells agreement demonstrates its ability to move beyond initial deployments and into broader multi-site portfolio opportunities.

This is central to Swift’s strategy because hospitality group relationships can provide a route to multiple-property deployments rather than single-site sales. Multi-site agreements may also support recurring subscription revenue growth if installations progress across portfolios.

Management Focused on Portfolio Opportunities

Brian Mangano said securing a second multi-site hospitality agreement within weeks of entering the sector provides encouraging evidence that Swift TV’s value proposition is resonating with accommodation operators.

He said early deployments are expected to create operational reference sites that can support the company’s efforts as it builds momentum in hospitality.

Management’s focus is now on converting early deployments into broader portfolio opportunities and recurring subscription revenue growth.

What This Means for Investors

Swift TV’s latest agreement shows progress in its hospitality market strategy. The Seashells deal adds a second hospitality customer shortly after the Daydream Island agreement and introduces a four-year recurring subscription structure across two premium accommodation properties. Investors are likely to watch how quickly the sites are commissioned, when Q2 FY27 subscription revenue begins, and whether early hospitality deployments lead to broader portfolio rollouts or additional enterprise agreements.