Nextdc Limited announced its 1HFY23 results; EBITDA grew by 15%

Feb 28, 2023

Nextdc Limited (ASX: NXT) announced its 1HFY23 as follows:

  • The total revenue from data centre services rose 10% to AU$159.7 million compared to AU$144.5 million in previous corresponding period (pcp).
  • The company's underlying EBITDA grew by 15% to AU$97.5 million from AU$85.0 million.
  • Operating cash flow for the business rose by 3% to AU$71.3 million.
  • The company's interconnections increased by 9% to 17,301, contributing 7.9% of recurring revenue.
  • For FY23, the company expected its data centre services revenue towards the top end of AU$340 million to AU$355 million and underlying EBITDA to be in the range of AU$190 million to AU$198 million.

 

 

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