Activeport focuses on growth and partnerships in telecommunications for FY25

Activeport Group (ASX:ATV), chaired by CEO Peter Christie, has outlined its strategic growth prospects and development plans.

The announcement, aimed at investors and stakeholders, highlights the company's expansion efforts and its potential in several high-demand markets, such as telco, gaming, and artificial intelligence.

The company reported an annual recurring revenue of $7 million and a $44 million sales pipeline, capitalising on cloud-enabling networks and automation services.

Activeport's growth is driven by its ability to provide high average revenue per unit and sustainable long-term subscription income.

The company's operational strategy focuses on strengthening partnerships with telecommunications companies and data centres globally.

"Activeport is positioned uniquely within a $4 trillion total addressable market, catering to a variety of industries from gaming to AI," commented Peter Christie, Chairman and CEO of Activeport.

The company has seen significant traction in countries including Canada, the United States, Australia, and across Asia, expanding its client base to over 73 telecom companies.

Activeport's future focus for FY25 includes enhancing recurring revenue streams and achieving positive free cash flow through continuous product development.

ActivePort Group is delivering network orchestration software solutions, tailored to the global telecommunications and information technology sectors. Its segments include ActivePort software, managed service provider, network and corporate services. 

At the time of reporting, Activeport's share price was $0.041.