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Tasmanian Networks Pty Ltd
TasNetworks is a Proprietary Company that generates the majority of its income from the Electricity Transmission industry. In 2024 the company generated total revenue of $509,449,000 including sales and other revenue. In 2024 TasNetworks had 1,068 employees including employees from all subsidiaries under the company's control. The Chief Executive of TasNetworks is Unknown Lance Balcombe whose official title is CHIEF EXECUTIVE OFFICER. The Chairman of TasNetworks is Mr Roger Gill whose official title is Chairman. Tasmanian Networks Pty Ltd owns, operates and maintains the transmission, distribution and communication networks of the electricity system in Tasmania, and provides the following services: Network infrastructure maintenance and replacement Connecting new customers to the network Network capacity growth investment Day-to-day network operations including all power outage restoration Public lighting system maintenanceTasNetworks also owns a subsidiary 42-24 that provides telecommunications, information technology, data centres services.
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What's included in this industry analysis
IBISWorld's research coverage on the Tasmanian Networks Pty Ltd includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Tasmanian Networks Pty Ltd, trading as TasNetworks, operates under the ABN 24 167 357 299 and was incorporated on 04 February 2014. Tasmanian Networks Pty Ltd primarily operates in the Electricity Retailing industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Tasmanian Networks Pty Ltd, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Tasmanian Networks Pty Ltd’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Tasmanian Networks Pty Ltd operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Tasmanian Networks Pty Ltd’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines Tasmanian Networks Pty Ltd’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Tasmanian Networks Pty Ltd, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Tasmanian Networks Pty Ltd. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Tasmanian Networks Pty Ltd’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is Tasmanian Networks Pty Ltd?
Tasmanian Networks Pty Ltd owns, operates and maintains the transmission, distribution and communication networks of the electricity system in Tasmania, and provides the following services: Network infrastructure maintenance and replacement Connecting new customers to the network Network capacity growth investment Day-to-day network operations including all power outage restoration Public lighting system maintenanceTasNetworks also owns a subsidiary 42-24 that provides telecommunications, information technology, data centres services.
What industry does Tasmanian Networks Pty Ltd operate in?
Tasmanian Networks Pty Ltd, trading as TasNetworks, is a Private Company that generates the majority of its income from the Electricity Retailing industry in Australia.
Where is Tasmanian Networks Pty Ltd located?
Murray Cod Australia Limited company is based at 1-7 Maria Street, Lenah valley, Tasmania, Australia.
Who is the CEO of Tasmanian Networks Pty Ltd?
The FINANCIAL DECISION MAKER of Tasmanian Networks Pty Ltd is Lance Balcombe and the FINANCIAL DECISION MAKER is Ross Burridge.
What was Tasmanian Networks Pty Ltd’s revenue in 2025?
In 2025, Tasmanian Networks Pty Ltd generated total revenue of approximately $509.4 million.
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