ActivePort Group (ATV) Investor update summary

Leadership and Management Update

• Michael Glynn appointed as Chief Operating and Commercial Officer in May 2026, bringing extensive experience from Megaport, Console Connect, PIPE Networks, and leading network platforms in Asia-Pacific.

• Glynn's priorities include international expansion, commercializing platform capabilities, and scaling operations efficiently by reallocating resources to low-cost regions.

• Operational changes include identifying AUD 1.3–1.5 million in OpEx reductions and removing $1M in OPEX, with spend reallocated to lower-cost jurisdictions.

• Software development team reset under new leadership, streamlining product development and modernizing the user interface.

• Sales pipeline has grown 400% in 60 days under new management, strengthening the GE + NaaS pipeline.

Product and Market Strategy

• Focus on three core high-margin revenue streams: licensed software for carriers/telcos/data centres, GPU-as-a-Service/Neoclouds, and orchestrated last-mile/Global Edge connectivity platform.

• Software is fully white-labeled, integrates with major partners, and enables rapid deployment for telcos and data centers.

• New neocloud and AI inference solutions leverage partnerships with NVIDIA, AMD, Sharon AI, Telstra, and major telcos, targeting sovereign workloads.

• Platform enables intelligent automation for network services, supporting SDN/NaaS, cloud on-ramps, and secure orchestration, with proven GPU deployments across 24 global telcos.

• Future Broadband brand to be integrated under Global Edge, with cross-selling to increase revenue.

Financial Targets and Growth Outlook

• Revenue target of AUD 16 million to reach profitability in 2026, with a stretch goal of AUD 25 million ARR in 2027 and cash flow positive by 2027.

• Aims for 22% quarter-on-quarter sales growth to achieve targets by March quarter, FY2027.

• Market cap potential projected at AUD 130–500 million over the next 2–3 years, with gross profit margins expected to reach 90%.

• EBITDA targeted in the high 30% to 40% range, and NPAT in the high 20%s as scale increases.

• Software delivers 90%+ gross margins, scalable globally without proportional cost growth.