Pentanet reports revenue increase to $24.4M
Full story: https://grafa.com/en/news/australia/pentanet-reports-revenue-increase-to-24-4m
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Pentanet reported an 8% group revenue increase to $24.4 million for the 2026 financial year.
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Group EBITDA improved by 74% to $2.4 million.
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The company stated its NVIDIA alliance status provides access to future graphics hardware infrastructure upgrades.
Telecommunications provider Pentanet (ASX:5GG) reported unaudited group revenue of $24.4 million for the 2026 financial year.
The result represents an 8% revenue increase compared to the prior corresponding period. Net operating cash inflow rose 17% to $1.6 million.
The company also recorded unaudited group EBITDA of $2.4 million, rising 74% year-on-year.
Pentanet stated its higher margin 5G subscribers grew by 15% from the previous year.
Following the announcement, the Pentanet share price was unchanged at $0.015.
The business operates a cloud-gaming service in Australia and New Zealand using NVIDIA infrastructure.
Pentanet claims its alliance partner status provides ongoing access to high-powered graphics processing unit upgrades.
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