NetComm Wireless Half Year Results Investors Newsletter.
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NetComm Wireless
Investor Insights

Half Year Results - February 2018 | ASX: NTC

AGM 2015

Dear Shareholder, 

Welcome to our half year results investor newsletter. We are delighted to have released the half year report.

The 1H18 period saw the Company generate record half-year revenues and earnings, with a focus on executing on our commitments.

1H18 was a record half-year result:

  • Group revenue up 89% to $88.6 million
  • EBITDA up 13 times to $9.2 million
  • NPAT increased to $3.7 million, compared to prior period loss of $(1.7) million
  • Strong balance sheet, with net cash of $13.1 million and no debt

It has been a very strong period for NetComm Wireless as we continued to deliver our strategic plan. I am particularly pleased to see NetComm Wireless achieve outstanding growth following critical investments made over the past two years and believe we are in an excellent position to continue to grow.

Thank you.

Kind Regards,

Ken Sheridan
CEO and Managing Director, NetComm Wireless


First Half Year Results

AGM 2015

Access NetComm Wireless' Half-Year Result Announcement here

View the 1H18 results presentation here

Access NetComm Wireless' Financial Report for the half year ended 31 Dec 2017 here

Access the NetComm Wireless - 2018 Half Year Year Results Recording here


ASX Announcements

Access the latest ASX announcements here

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