- Swift Media has reported strong quarterly results with an increase in revenue of 23.4 per cent to $5.9 million and an EBITDA growth of 160 per cent for Q1 FY21
- Swift Media delivers premium entertainment, communications and advertising to various sectors
- The mining and resources division experienced a 50 per cent increase in revenue from Q4 FY20 and also brought in 12 new contracts worth $1.2 million
- However, the aged care division saw a 13 per cent decrease in revenue due to COVID-19 restrictions
- Despite this, Swift installed its Swift Plus system in 800 rooms across five aged care facilities to support connectivity and reduce isolation
- Swift is trading a healthy 17.7 per cent higher for four cents