Swift Media Limited reported preliminary unaudited revenue results for the year ended June 30, 2019. For the year, the company achieved total revenue of $24.8 million, up 11% on last year's result of $22.3 million and annualized recurring revenue (ARR) of $18.5 million, up 18% on last year's result of $15.7 million.

Swift's integration plan for Medical Media is ahead of schedule and proceeding favourably. The acquisition is on track to deliver at least $3 million of cost savings in fiscal year 2020 from business synergies and improvements and is expected to be profitable in fiscal year 2020. Swift expects several new contract wins will boost earnings in first half of fiscal year 2020.