Pentanet Ltd
ASX:5GG
Pentanet Ltd
Pentanet Ltd. provides internet services for residential, commercial and enterprise customers. The company is headquartered in Balcatta, Western Australia. The company went IPO on 2021-01-29. The firm provides Internet to metro area through its national broadband network (NBN), local broadband network (LBN) and private fixed-wireless network. The company provides its solution for the needs of home and businesses. The firm installs a data point inside and put a dish on roof that talks to its private network via transmission towers. Its Flexible Pentanet NBN provides packages and plans for every lifestyle. The company provides Internet connection to browse online, speed service with unlimited data for daily streaming and gaming. The Company’s apartment broadband service uses its own private, wireless network to deliver the Internet to apartment building and premises. The company also provides high-speed communications services in metropolitan cities and major regional centers throughout Australia.
Pentanet Ltd. provides internet services for residential, commercial and enterprise customers. The company is headquartered in Balcatta, Western Australia. The company went IPO on 2021-01-29. The firm provides Internet to metro area through its national broadband network (NBN), local broadband network (LBN) and private fixed-wireless network. The company provides its solution for the needs of home and businesses. The firm installs a data point inside and put a dish on roof that talks to its private network via transmission towers. Its Flexible Pentanet NBN provides packages and plans for every lifestyle. The company provides Internet connection to browse online, speed service with unlimited data for daily streaming and gaming. The Company’s apartment broadband service uses its own private, wireless network to deliver the Internet to apartment building and premises. The company also provides high-speed communications services in metropolitan cities and major regional centers throughout Australia.
Revenue Growth: Pentanet delivered consolidated revenue of $5.9 million for Q1 FY '26, up 9% year-on-year and 1% quarter-on-quarter, mainly from telco and gaming.
Profitability Maintained: The company posted its fourth consecutive positive EBITDA quarter at $0.6 million, highlighting operational stability.
Margin Expansion: Gross margin improved by 5 percentage points to 49%, supported by both telco and higher-margin gaming subscriptions.
Brand Relaunch: Pentanet launched a major brand campaign at the start of Q2, aiming to accelerate subscriber growth and regain market presence in Perth.
Cash & Balance Sheet: Company closed the quarter with $2.4 million in cash and $6.9 million in unused facilities, supporting future growth.
Measured Growth Strategy: Management is closely monitoring marketing spend and subscriber acquisition costs as it targets an increase from 2% to 5% local market share.
