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Small Cap Stocks Down Under 5 November 2021: Swoop Holdings, Pentanet, The Market Herald
Swoop Holdings: A bit expensive
In today’s edition of Small Cap Stocks Down Under, The Australian telecommunications industry is well and truly up for grabs and Sydney-based Swoop is looking to dive in and take its piece of the action. The company offers customers home internet, wireless, NBN, OptiComm and Voice over Internet Protocol (VoIP) plans. The offerings are pretty standard in a general sense, but Swoop is clearly doing something right as FY21’s underlying EBITDA jumped 165% driven by a 104% increase in revenue and a 24% increase in Services in Operation year-over-year. In what is an extremely competitive industry, Swoop is clearly doing something right, let’s find out what that is.
Also in today’s edition, a look at internet service provider Pentanet (ASX: 5GG) and equity research and news provider The Market Herald (ASX: TMH).
Click here to read the previous edition of Small Cap Stocks Down Under published 29 October 2021