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How Will Comms Group’s $10m TasmaNet Buy Transform Its Growth?

2:23am on Monday 2nd of June, 2025 AEST Technology
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How Will Comms Group’s $10m TasmaNet Buy Transform Its Growth?

2:23am on Monday 2nd of June, 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
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