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How Did Nexion Group Turn a $6.3M Profit Amid Continuing Losses?

9:06pm on Friday 27th of February, 2026 AEDT Technology
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How Did Nexion Group Turn a $6.3M Profit Amid Continuing Losses?

9:06pm on Friday 27th of February, 2026 AEDT
Key Points
  • Net profit of $6.3 million driven by disposal of subsidiaries
  • Continuing operations loss narrowed to $78,778
  • Sale of Nexion W1 DC, Nexion Networks, and Blue Sky Telecom completed
  • Ongoing revenue from vendor finance and data centre maintenance contracts
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