ActivePort Group (ATV) H2 2025 earnings summary

Executive summary

• Transitioned to a high-margin, software-driven model with focus on recurring revenue and cash profitability, highlighted by new software contracts and the launch of Global Edge NaaS product.

• Secured multi-million-dollar contracts with Telekom Malaysia and Reliance Jio, and launched Australia’s first edge-to-cloud self-service network, driving recurring revenue growth.

• Global sales pipeline robust, with expansion plans in EMEA, India, Asia, and strategic entry into the Americas.

• Board wrote down majority of goodwill from IPO roll-up to eliminate future negative non-cash adjustments.

Financial highlights

• FY25 revenue declined 35% year-over-year to $9.6m as focus shifted to recurring software revenue; operating expenses down 15%.

• Net loss after tax of $20.0m (FY24: $9.5m), including $14.6m in impairments (goodwill and contract assets).

• Net assets at 30 June 2025: $8.6m (FY24: $21.0m); net operating cash outflow of $4.4m (FY24: inflow $0.17m).

• EBITDA loss of $2.8m (FY24: $0.4m gain); EPS loss of 3.82 cents (FY24: 3.02 cents).

Outlook and guidance

• Path to profitability targeted for 1H26, driven by sales growth in GPU software, network software, and SaaS.

• Cost base positioned to support significant revenue growth in FY26; aggressive targets set for recurring, high-margin revenue.

• Expansion of NaaS platform in Australia and new API exchange in Singapore expected to drive incremental revenue.