Behind the Fast50: Vantage Networks

Vantage Networks’ revenue passed the $2 million mark in the 2025 financial year with a 28% year-on-year increase that landed it a spot in the 2025 techpartner.news Fast50.

Landing at number 48, the Perth-based managed services provider (MSP) has been on a mission to move its break/fix clients over to a managed services model to improve its profitability.

In FY25, 67% of Vantage’s revenue came from managed services, 19% from consulting and the remaining 14% from break/fix.

The effort has paid off, with Vantage claiming a year-on-year net profit growth of 4,262%.

Vantage Networks director James Dickons outlined some other factors that contributed to the revenue growth.

“[We had] growth within our existing client base, [due to] moving long term legacy clients to recurring revenue models, and we had a particularly good year with resale of laptops, partly due to Windows 10 end of support. We had one new client responsible for 10% of revenue last FY,” he said.

Vantage’s clients tend toward the small to medium enterprise in size, with 90% of revenue coming from organisations with 100 or fewer seats; legal, financial services and business services are its three most important key verticals.

Being a smaller company with just six full time staff, Dickons said that Vantage’s biggest challenge over the last year was with staffing as the company learned to balance efficiency with ensuring cover when people are on leave.

“Being in the 5-7 employee range is tough; if we have multiple people on leave, there’s a lot of work for the rest of the team to pick up. I hope this gets better with a larger team but in reality, it's probably going to bring different problems,” he told techpartner.news.

The plan for continued growth is more of the same, Dickons said, but perhaps with some added thought into client attraction.

“We are continuing to focus on increasing recurring revenue across the existing client base, new client acquisition, and a priority on client satisfaction to make sure we keep our clients.,” he stated.

“New client acquisition has been organic for us to date but we’re looking to accelerate this with some marketing – after revisiting our TCP (target client profile).”