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Swift Networks Group Limited ( (AU:SW1) ) has provided an update.
Swift Networks Group Limited released its Q2 Activity Report for the quarter ending 31 December 2024, highlighting a cash balance of $2.0 million and $4.7 million in customer receipts. Key developments include securing contracts with Iluka Resources and aged care providers Christadelphian Aged Care and HammondCare, showcasing its growing presence in the mining and aged care markets. Additionally, Swift is advancing its Swift Concierge feature to align with new Aged Care legislation, aiming to provide strategic revenue opportunities for aged care providers under the new Higher Everyday Living Fees framework.
More about Swift Networks Group Limited
Swift Networks Group Limited operates in the technology and telecommunications industry, providing digital entertainment and communication solutions. The company focuses on markets such as mining, aged care, and hospitality, offering products like Swift Access and Swift Concierge to enhance service and engagement in these sectors.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.94M
See more insights into SW1 stock on TipRanks’ Stock Analysis page.
