Swift Networks Group Ltd
ASX:SW1
Swift Networks Group Ltd
Swift Networks Group Ltd. provides digital media solutions and content delivery platform. The company is headquartered in Perth, Western Australia. The company provides entertainment and communication solutions to connect and engage communities. The company offers content, communications and advertising on television screens for out of home environments. The company provides solutions to aged care, mining and resources, and health and wellbeing. Aged Care solution includes facility managed communications, noticeboard and live streaming system delivered via television, aged care specific relaxation and exercise content and family mobile application. Mining and Resources solution includes design and construction of networking infrastructure in remote locations, site managed communications system delivered via television and smart device applications, remote and onsite technical support. Health and Wellbeing solution includes Digital Out of Home advertising. Its health and wellbeing content is designed to inform, educate, and entertain patients at the point of care.
Swift Networks Group Ltd. provides digital media solutions and content delivery platform. The company is headquartered in Perth, Western Australia. The company provides entertainment and communication solutions to connect and engage communities. The company offers content, communications and advertising on television screens for out of home environments. The company provides solutions to aged care, mining and resources, and health and wellbeing. Aged Care solution includes facility managed communications, noticeboard and live streaming system delivered via television, aged care specific relaxation and exercise content and family mobile application. Mining and Resources solution includes design and construction of networking infrastructure in remote locations, site managed communications system delivered via television and smart device applications, remote and onsite technical support. Health and Wellbeing solution includes Digital Out of Home advertising. Its health and wellbeing content is designed to inform, educate, and entertain patients at the point of care.
Revenue Growth: Swift reported FY '25 unaudited revenue of approximately $17.7 million, with strong recurring revenues of $14.2 million.
Product Launch: The company completed a major multi-year development program and is set to launch a new Google-certified, Netflix-approved hardware device in October.
Subscription Momentum: Subscription revenue was on track to surpass $15 million before room closures at a major mining customer; recurring revenue remains robust.
Cost Efficiency: The new plug-and-play hardware is roughly a quarter the cost of the previous device, reducing installation barriers and speeding up deployments.
Debt Reduction: Net debt reduced to $3.8 million, down from over $8 million two years ago; balance sheet has improved.
Aged Care Opportunity: Regulatory changes in Aged Care will allow Swift’s system to create new revenue streams for providers as opt-in fees replace broad mandatory charges.
Strong Cash Position: Swift ended the year with $2.4 million in cash and deposits, up from less than $2 million at the start of the year.
