Key Highlights

  • Comms Group Limited (ASX:CCG) shares go ex-dividend on 4 September 2026, with the final Dividend payable on 28 September 2026.
  • The Board declared a fully franked final dividend of 0.125 cents per share, taking total FY26 dividends to 0.25 cents per share.
  • FY26 Group Revenue increased 31.6 per cent to $74.5 million, while underlying EBITDA rose 52 per cent to $8.7 million.
  • The company announced the sale of its onPlatinum Secure Managed IT Solutions Business for $30.0 million, with settlement expected by the end of Q1 FY27.

Comms Group Limited, listed on the ASX under the code CCG, is scheduled to trade ex-dividend from 4 September 2026. The company declared a final fully Franked Dividend of $0.00125 (0.125 cents) per share, bringing total FY26 dividends to $0.0025 (0.25 cents) per share. The final dividend is scheduled for payment on 28 September 2026.

FY26 Financial Performance

For the full year ended 30 June 2026, Comms Group reported Group revenue of $74.5 million, up 31.6 per cent on the $56.6 million recorded in FY25. Underlying Group EBITDA increased 52 per cent to $8.7 million from $5.7 million. Net profit before tax increased to $1.4 million from a loss of $0.6 million in FY25, while underlying NPATA rose 41.4 per cent to $4.1 million from $2.9 million.

New sales contracts signed during the year totalled a record $10.9 million in Annual Recurring Revenue, an increase on the previous record of $10.4 million set in FY25. Net cash inflow from Operating Activities increased to $4.7 million from $4.4 million in the prior year.

Divisional Results

Business Communications & Technology revenue rose 52.2 per cent to $37.0 million from $24.3 million, supported by a full-year contribution from TasmaNet, although revenue excluding TasmaNet declined marginally following the termination in November 2025 of a nil-margin legacy IT services contract. Underlying EBITDA for the division rose 21.4 per cent to $5.1 million, which included approximately $0.6 million of duplicated mainland network costs, the majority of which are expected to be removed by the end of Q1 FY27.

Secure Managed IT Solutions (ICT) revenue increased 16.1 per cent to $22.3 million, attributed to Demand for managed IT, Cybersecurity infrastructure and modern workplace services, with underlying EBITDA up 30 per cent to $3.6 million and EBITDA Margin expanding to 16.1 per cent from 14.5 per cent. Global Unified Communications revenue rose 16.0 per cent to $15.2 million, with underlying EBITDA up 112 per cent to $3.25 million and segment EBITDA margin increasing to 21.4 per cent from 11.7 per cent, supported by strong sales performance across APAC and EMEA markets.

Sale of onPlatinum and Capital Management

The Group announced the sale of its Secure Managed IT Solutions (ICT) business, onPlatinum, for $30.0 million to Thinkex Pty Ltd (efex) on 29 June 2026, with completion expected by the end of Q1 FY27. The company said the divestment simplifies the Group and sharpens its focus on cloud and unified communications, domestic telecommunications and global services.

The Group also refinanced its term Loan with Westpac under a new three-year Facility on improved commercial terms, including an undrawn $8.0 million Acquisition facility and a $1.0 million equipment finance facility. As part of the onPlatinum sale, the company has announced plans to reduce Debt and provide a capital return or special distribution to shareholders, with further details to be provided following settlement.

TasmaNet Integration

TasmaNet, acquired in June 2025, contributed a full year of revenue and Earnings in FY26, generating revenue of $15.6 million and underlying EBITDA of $1.7 million, alongside circa $0.6 million of duplicated mainland network costs. The company has consolidated three domestic networks into a single national network and two private cloud platforms into one environment, a program described as 90 per cent complete, with remaining cost savings of at least $0.8 million expected in FY27.

FY27 Outlook

The Group said it enters FY27 with a strong earnings base, a simpler structure following the planned onPlatinum divestment, and a sales pipeline it describes as strong. Stated priorities include completing the onPlatinum sale, reducing net debt, finalising the network and cloud consolidation program, and continuing the international expansion of the Global Unified Communications business. The company said it will provide FY27 guidance as the year progresses.

Conclusion

Comms Group's FY26 result reflects a year of record revenue and underlying earnings growth, supported by a full-year contribution from the TasmaNet acquisition and continued scaling of its Global Unified Communications business, alongside the announced sale of its onPlatinum ICT business. The fully franked final dividend of 0.125 cents per share, going ex-dividend on 4 September 2026, brings total FY26 dividends to 0.25 cents per share as the Group progresses its planned divestment and network consolidation activities into FY27.