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Swoop’s Revenue Surges 53% as It Invests $3m in Tech and Raises $9.3m

10:26am on Friday 30th of January, 2026 AEDT Telecommunications
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Swoop’s Revenue Surges 53% as It Invests $3m in Tech and Raises $9.3m

10:26am on Friday 30th of January, 2026 AEDT
Key Points
  • Customer receipts up 53% in 1H FY26, driven by NBN, Mobile, and Melbourne Fibre Project
  • Operating cash flow declined due to reduced payables, free cash flow down $12.4m
  • Invested $3m in technology platforms to support growth and margin expansion
  • Raised $9.3m via entitlement offer to fund Melbourne Fibre Project and working capital
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