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How Will Comms Group’s $10M TasmaNet Deal Reshape Its FY25 Outlook?
2:23am on Monday 2nd of June, 2025 AEST
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Telecommunications
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How Will Comms Group’s $10M TasmaNet Deal Reshape Its FY25 Outlook?
2:23am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of TasmaNet and select Field Solutions assets for $10 million
Proforma FY25 revenue target raised to ~$75 million with underlying EBITDA of $9-10 million
Capital raise of $7 million via placement and entitlement offer at $0.05 per share
Funding supported by $10.7 million debt facility from Regal Funds Management
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