Swift Networks Group Limited (AU:SW1) has released an update.
Swift Networks Group Limited has reported a robust third quarter, maintaining a cash position over $2 million, driven by positive cash flow from operations and strategic expansions with key clients in the mining and aged care sectors. Notable developments include a $2 million subscription extension and network infrastructure upgrades with several major companies, and successful Swift Access system installations at various aged care facilities, boosting subscription revenues. The company’s participation in industry events and the release of an attractive ACE subscription package demonstrate its commitment to growth in the aged care market, while also seeing a surge in interest from the gold sector due to strong market prices.
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