middle.news
How Will Comms Group’s $10m TasmaNet Buy Transform Its Growth?
9:03am on Friday 16th of May, 2025 AEST
•
Technology
Read Story
How Will Comms Group’s $10m TasmaNet Buy Transform Its Growth?
9:03am on Friday 16th of May, 2025 AEST
Key Points
Acquisition of TasmaNet adds key Tasmanian government and corporate customers
Proforma annualised revenue expected to rise to ~$75 million
Annualised EBITDA forecast between $9 million and $10 million
$10 million purchase funded by $7 million equity raise and $10.7 million debt facility
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Comms (ASX:CCG)
OPEN ARTICLE