Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Comms Group Limited (ASX: CCG) is a Sydney-based provider of cloud-based communications and IT solutions, focused on enhancing business agility and secure modern workplace environments. The company operates through three main segments: Next Telecom, delivering unified communications for Australian SMEs and corporates; onPlatinum, offering managed IT and cloud services for mid-market businesses; and Comms Group Global, which provides global UCaaS and CPaaS solutions across 65+ countries. For the nine months ending 31 March 2025, the company reported unaudited revenue of AU$41.3 million and underlying EBITDA of AU$3.8 million. March quarter revenue stood at AU$14.1 million, with an underlying EBITDA of AU$1.41 million. Building on previously secured contracts and new deals in Q3, the company expects strong performance in the June quarter. Comms Group has reaffirmed its FY25 revenue guidance of AU$55–$57 million and EBITDA target of AU$5–AU$6 million, highlighting confidence in sustained growth and operational resilience.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 15, 2025
Apr 14, 2025
Apr 14, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.