Swift Networks Unveils Swift TV with $1.6M Capital Boost and Strong Pre-Orders
Swift Networks reports solid FY25 results with $17.7 million revenue and launches its next-generation Swift TV platform, backed by a recent $1.6 million capital raise and pre-orders across key sectors.
- FY25 revenue of $17.7 million with $1.0 million EBITDA
- 80% of revenue from recurring subscriptions
- $1.4 million debt reduction achieved in FY25
- Swift TV platform launch in FY26 with 1,800 rooms pre-ordered
- Capital raise of $1.6 million completed to accelerate Swift TV rollout
FY25 Financial Performance
Swift Networks Group Limited has delivered a steady financial performance for the fiscal year ending 2025, reporting total revenue of $17.7 million and an EBITDA of $1.0 million. Notably, 80% of this revenue was recurring subscription income, underscoring the company’s operational discipline and the stickiness of its enterprise SaaS offerings. The company also successfully reduced its debt by $1.4 million, bringing net debt down to $3.8 million as of June 30, 2025.
Capital Raising and Debt Management
In a strategic move to support its growth ambitions, Swift Networks raised $2.3 million before costs through an entitlement offer during FY25 and completed a fully subscribed $1.6 million capital raise in October 2025. These funds are earmarked to accelerate the rollout of Swift TV, the company’s new hardware-enabled SaaS platform. The improved balance sheet and capital injection position Swift well to execute on its expansion plans.
Swift TV, A Next-Gen Enterprise SaaS Platform
Swift TV represents a significant evolution for the company, combining premium entertainment content with a world-class user interface and a Google-certified, Netflix-approved plug-and-play device. The platform is designed to integrate seamlessly with enterprise back-office systems, enabling new revenue streams and enhanced customer engagement. Early adoption is promising, with 1,800 rooms pre-ordered across eight sites, including major clients like Opal Healthcare, Australia’s largest aged care provider.
Market Expansion and Strategic Positioning
The company is targeting growth beyond its traditional mining sector footprint, focusing on high-value health markets such as aged care, retirement living, and hospitality. Swift TV’s modular design and open API facilitate integration and scalability, which could unlock opportunities in international markets. The management team, led by CEO Brian Mangano and supported by an experienced board, is positioning Swift Networks as a technology innovator with a clear roadmap through FY27 and beyond.
Looking Ahead
With Swift TV’s official launch scheduled for FY26 and a robust pipeline of pre-orders, the company is poised for accelerated growth. The combination of hardware innovation, software sophistication, and strategic partnerships with leading technology providers could redefine Swift Networks’ market presence and financial trajectory.
Bottom Line?
Swift Networks’ FY25 foundation and Swift TV launch set the stage for a transformative growth phase, but execution risks remain.
Questions in the middle?
- How quickly will Swift TV convert pre-orders into revenue and cash flow?
- What is the timeline and scale for international expansion of Swift TV?
- How will Swift Networks manage competition in the enterprise SaaS entertainment space?
