Comms Group Ltd. (Australia) ( (AU:CCG) ) has issued an announcement.
Comms Group Limited reported unaudited group revenues of $41.3 million and an Underlying EBITDA of $3.8 million for the nine months ending March 31, 2025. The company anticipates a positive outcome for the June 2025 quarter due to increased billings from key deals and new sales contracts. Comms Group reaffirmed its FY25 revenue target of $55 million to $57 million and an Underlying EBITDA target of $5 million to $6 million, indicating stable growth and strong market positioning.
More about Comms Group Ltd. (Australia)
Comms Group Limited is a provider of cloud-based communications and secure modern workplace solutions, specializing in advanced communications, collaboration, and IT solutions from the Cloud. The company offers services such as unified communications, managed services, cloud hosting, and secure modern workplace IT solutions, targeting Australian SMEs, corporates, and international businesses with a global network reach.
YTD Price Performance: -42.50%
Average Trading Volume: 337,813
Technical Sentiment Signal: Buy
Current Market Cap: A$17.94M
Learn more about CCG stock on TipRanks’ Stock Analysis page.