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Swoop achieves record revenue growth in FY23

Swoop achieves record revenue growth in FY23

Swoop Holdings Ltd (ASX:SWP) CEO Alex West discusses with Proactive the company’s FY23 highlights. Swoop is a fixed-wireless and wholesale network infrastructure carrier delivering telecommunications and internet services in Australia. He says after a successful debut on the ASX in May 2021 the company has continued to grow over its second full year as a listed entity. For FY23 the business reported revenue growth of 51% on FY22 to $78.2 million and corresponding underlying earnings of $16.3 million, up from $13.0 million.