Field Solutions Holdings Ltd Achieves Strong Growth and Infrastructure Milestones in FY 2023/24

An announcement from Field Solutions Holdings Ltd ( (AU:FSG) ) is now available.

Field Solutions Holdings Limited reported a successful financial year 2023/24 with a 13% increase in revenue and stable EBITDA performance. The company secured a $13 million debt facility to support infrastructure development and achieved significant progress in its core business areas, including innovations in physical security and agricultural technology, alongside substantial advancements in its infrastructure projects. The company completed 59 tower builds, received grant funding, and is progressing with Federal Government Trials, marking a major milestone in enhancing regional connectivity with the Optus Network.

More about Field Solutions Holdings Ltd

Field Solutions Holdings Limited (FSG) is an Australian telecommunications company that provides, builds, and operates broadband networks specifically for rural, regional, and remote areas in Australia. FSG is a licensed telecommunications carrier and operates under the brands ‘JustISP’ and ‘Ant Communications,’ as well as being a NBNco Retail Service Provider.

YTD Price Performance: 10.0%

Average Trading Volume: 1,598,945

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$17.02M

See more data about FSG stock on TipRanks’ Stock Analysis page.