Swoop Holdings Limited · ASX:SWP
Swoop — H1 FY2026 Earnings Presentation
21 slides from Swoop's earnings presentation, Feb 26, 2026
Slide 1: FY26 Half Year Results
For personal use only FY26 Half Year Results February 2026
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation dated 26 February 2026 has been prepared by and is being issued by Swoop Holdings Future performance – Past performance information provided in this presentation may not be a reliable Limited ACN 009 256 535 (ASX: SWP) (Company
Slide 3: 1H FY26 Performance
For personal use only 1H FY26 Performance
Slide 4: Two brands, three core products
Two brands, three core products For personal use only Premium provider Melbourne Fibre National nbn coverage National Mobile Residential mobile of Residential and SMB for price-conscious Broadband customers $64.1m $17.5m ~219,000 Revenue 1H FY26 Gross Margin 1H FY26 SIOs as at Dec-25 +41% YoY +6% Yo
Slide 5: 1H FY26 Highlights
1H FY26 Highlights 1H FY26 Revenue1 of $64.1m, up 41% on 1H FY25 Revenue. For personal use only Revenue from Internet, Data and Mobile services grew organically by 27% in 1H FY26 to $56.1m. Underlying EBITDA2 of $6.5m, down 10% from 1H FY25. Operating Cash Flow3 for 1H FY26 ($4.1m), down $9.1m from
Slide 6: Growth since listing
Growth since listing The business has experienced substantial organic growth over the last 3 years For personal use only 6
Slide 7: FY26 Wins & Awards
FY26 Wins & Awards 2025 & 2026 Awards Canstar // For personal use only Winner – Most Satisfied Customers Award: Postpaid Mobile SIM Only Winner – Outstanding Value Award: NBN Plans Product Review // Winner – Top Rated ISP Winner – Top Rated Mobile Service Providers Finder // Winner – High Data Mobil
Slide 8: 1H FY26 Financial Results
For personal use only 1H FY26 Financial Results
Slide 9: Profit and loss Highlights
Profit and loss Highlights ▪ Revenue is up 41% YoY. Summary financial results ▪ Driven by earnings on key contracts and strong nbn For personal use only $000 1H FY26 1H FY25 1 Change TC4 and mobile service sales, which have been underpinned by our scalable delivery models and Revenue 64,148 45,393 1
Slide 10: Cash flows Highlights
Cash flows Highlights Summary cash flows ▪ Customer receipts continue to grow strongly, up 53% on pcp. Driven by accelerating growth in our NBN For personal use only and Mobile products, as well as contributions from $000 1H FY26 1H FY251 the Melbourne Fibre Project. Excluding project Customer recei
Slide 11: Balance sheet Highlights
Balance sheet Highlights Summary balance sheet ($000) ▪ Closing cash balance at December 2025 of $6.2m with $9.7m in undrawn facilities for a total For personal use only $000 Dec 2025 June 2025 closing available funding position of $16.0m. Cash 6,248 8,034 ▪ Intangible assets represents predominantl
Slide 12: Outlook: Focus. Divest. Grow.
For personal use only Outlook: Focus. Divest. Grow.
Slide 13: Focus on core products
Focus on core products For personal use only ~127,000 SIOs1 ~72,000 SIOs1 $100m+ Opportunity +35% organic growth +45% organic $61m committed revenue, (since acquisition) growth YoY $60m pipeline mobile nbn Core Fibre Strong Brand in market with Fast-growing challenger in Strong momentum in award win
Slide 14: Grow margin
Grow margin For personal use only Targeting a 5-10% margin increase through mobile and nbn userbase Working to increase our Targeting a ~5-10% Targeting an increase of gross margin % over the margin improvement $5m+ in annual cashflow next 2-3 years across our core products1 from mobile and nbn user
Slide 15: Why nbn and Mobile?
Why nbn and Mobile? We’re winning, we do it well and it’s capex lite. For personal use only 4.8 / 5.0 Product ratings: Swoop is one of the top rated ISPs across major brands Winner Winner Product Review AFR Internet & Mobile Customer 5 star(s) Service Awards Champions 4.6 / 5.0 4 star(s) 4.4 / 5.0 6
Slide 16: Mobile
Mobile Award-winning service provider with its customer For personal use only value proposition rooted in customer support and no lock-in contracts. Number of Mobile SIOs Dec 2021 to Dec 2025 ▪ Swoop’s MVNO delivers strong revenue growth with healthy cash generation ▪ Swoop operates to capture marke
Slide 17: nbn
nbn Q4 FY25 Net Adds Q1 FY26 Net Adds Vocus 33,668 Vocus 136,175 Other 26,453 SLC 27,294 For personal use only We are one of the fastest growing nbn providers in SLC 12,003 Other 27,531 Australia – we do it well and it’s capex lite. Swoop 6,895 Swoop 6,829 Optus (351) Optus (3,436) ▪ Swoop’s rapid g
Slide 18: Melbourne fibre network
Melbourne fibre network Melbourne is emerging as a major hyperscale growth hub as Amazon, Microsoft, Google and Meta For personal use only expand local capacity. Surging AI adoption is accelerating data centre investment and driving significant fibre demand. With Australia’s data centre capacity exp
Slide 19: Invest in AI and Automation
Invest in AI and Automation For personal use only x4 Using AI Consolidated Efficient Streamlined Quadruple nbn to deliver improved into a standard suite of Processing Experience orders customer experience Swoop systems >90% of orders utilise a Simplified and Driving growth by Product Review Digital
Slide 20: Summary
Summary For personal use only Strong organic Focusing on efficiency whilst building One of Australia's leading ISP for growth in NBN and Mobile strong engagement and values Customer Satisfaction Continuing to grow services on Investments in scalable platforms Leverage experience and capabilities to
Slide 21: Thank you
For personal use only Thank you swoop.com.au