Swoop Holdings Limited · ASX:SWP
Swoop — Shareholder Meeting (November 2025)
15 slides from Swoop's shareholder meeting presentation, Nov 27, 2025
Slide 1: AGM Presentation
AGM Presentation November 2025
Slide 2: Disclaimer
Disclaimer Th is presentation has been prepared by and is being issued by Swoop Holdings Limited ACN 009 25 6 53 5 (ASX: SWP) (Company or Swoop) for information pu rposes only. Each rec ip ient of this presentation is deemed to have agreed to accept the qu alifications, limitations and disc laimers
Slide 3: Focus. Divest. Grow
Focus. Divest. Grow
Slide 4: Focus on core products
Focus on core products ~127,000 SIOs1 ~61,000 SIOs1 $100m+ Opportunity +35% organic growth +218% organic $57m contracted, (since acquisition) growth YoY $61m pipeline nbn Core Fibre Fast-growing challenger in Strong momentum in nbn market, with automated Melbourne Fibre Rollout. activation platforms
Slide 5: Divest non-core offering
Divest non-core offering Completed divestment Proposed non-core divestments Previous divestment (Voicehub) Divestment processes underway Well progressed ▪ Divested the business for $8.8m, for a ▪ Data centre (other product revenues) ▪ $9-10m of non-binding indicative ~$4m profit on Sale ▪ Non-strate
Slide 6: Grow margin
Grow margin Targeting a $5m+ margin increase through mobile and nbn userbase Working to increase our Targeting a ~10% margin Targeting an increase of gross margin % over the improvement across our $5m+ in annual cashflow next 2-3 years core products1 from mobile and nbn userbase1 Notes: 1. Target ma
Slide 7: Target growth over time
Target growth over time Investment in systems and automation, combined with a major reduction in COGS, allows headcount costs to remain flat while recurring revenue almost doubles and EBITDA doubles. Mobile and nbn SIOs (#) Recurring Revenue ($m) Underlying EBITDA ($m) >$185m >$35m >300k ~187k ~$95m
Slide 8: Why nbn and Mobile?
Why nbn and Mobile? We’re winning, we do it well and it’s capex lite. Product ratings: Swoop is the #1 rated ISP across major brands 4.8 / 5.0 Winner Winner Product Review AFR 5 star(s) Internet & Mobile Customer Champions Service Awards 4.6 / 5.0 4 star(s) 5x Consecutive Winner 4x Consecutive Winne
Slide 9: Mobile
Mobile Award-winning service provider with its customer value proposition rooted in customer support and no lock-in contracts. Number of Mobile SIOs ▪ Swoop’s MVNO delivers strong revenue growth with healthy June 2021 to June 2025 cash generation ▪ Swoop operates to capture market share in lower-dat
Slide 10: nbn
nbn Q3 FY25 Net Adds Q4 FY25 Net Adds SLC 42,147 Vocus 33,668 ABB 33,495 Other 26,453 We are one of the fastest growing nbn providers in Vocus 21,722 SLC 12,003 Australia – we do it well and it’s capex lite. Swoop 3,976 Swoop 6,895 Other (3,854) Optus (351) ▪ Swoop’s rapid growth continues, with act
Slide 11: Melbourne fibre network
Melbourne fibre network Melbourne is a hyperscale growth hub with Amazon, Microsoft, Google, and Meta expanding capacity. AI driving Data Centre investment and huge growth in connectivity (fibre) requirements. National DC capacity set to more than double by 2030 – Melbourne a key beneficiary with ne
Slide 12: Melbourne fibre financials
Melbourne fibre financials Project nearly fully funded with foundation hyperscaler and telco customers, with massive upside as DC market grows in the region. $57m $61m Remaining committed revenues to be received throughout construction. Committed New sales 1HFY26 – 15% revenue pipeline 2HFY26 – 25%
Slide 13: Q1 FY26 sales and revenue update
Q1 FY26 sales and revenue update Revenue of $33.1m up 46% on Prior Corresponding Period (pcp) Recurring revenue1 of $27.4m up 22% on Prior Corresponding Period (pcp) Gross margin of $9.0m up 11% on Prior Corresponding Period (pcp) EBITDA of $2.9m down 9% on Prior Corresponding Period (pcp) nbn SIO a
Slide 14: Illustrative valuation benchmarks
Illustrative valuation benchmarks Based on recent transactions in the nbn and MVNO space, it is clear to see that SWP is very much undervalued 127,000 Mobile Services 61,000 nbn Services in Operation in Operation ▪ Recent transactions ▪ Recent transactions (e.g. Circles, Amaysim) putting (e.g. Skyme
Slide 15: Thank you
Thank you swoop.com.au