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Comms Group to Unlock $30M from onPlatinum Sale, Eyes Debt Cut and Shareholder Returns

8:17am on Wednesday 1st of July, 2026 AEST Communications
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Comms Group to Unlock $30M from onPlatinum Sale, Eyes Debt Cut and Shareholder Returns

8:17am on Wednesday 1st of July, 2026 AEST
Key Points
  • onPlatinum sold for $30 million with escrow conditions
  • FY26 revenue guidance raised to $74-$75 million
  • Underlying EBITDA expected between $8.0 million and $8.5 million
  • Post-sale focus on debt reduction and shareholder distributions
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