Saturday, April 19, 2025
12.5 C
London
HomeFinTechSwift Media: Reports nearly 24pc jump in revenue

Swift Media: Reports nearly 24pc jump in revenue

Date:

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and...

BNY Mellon Enhances Compliance Framework with Behavox Quantum

Exploring the Strategic Partnership for Improved Regulatory Adherence and...
  • 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

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories