Investors in telecommunications business Superloop Ltd (ASX: SLC) have had plenty of reasons to smile since the start of the year.
Shares in the company rocketed by 51% from early January through to yesterday's closing price of $3.26 per share.
During this period, the Aussie telco handsomely outperformed that broader market with the All Ordinaries Index (ASX: XAO) rising by 8.4% in the same timeframe.
However, shareholders in the ASX All Ords stock are having a rough session today after Superloop revealed its results for FY25.
Shares in the company are changing hands at $3.13 each at the time of writing, marking a 4% drop from yesterday's close.
Let's take a closer look at how the year unfolded for this ASX All Ords stock.
Image source: Getty Images
Superloop snapshot
Superloop is an Australian telecommunications business and internet service provider.
The company offers a wide array of connectivity and managed services across its consumer, business, and wholesale segments.
Its operations cover infrastructure ownership, high-speed internet delivery via the national broadband network (NBN), mobile plans, and wholesale network solutions.
What happened in FY25?
Overall, Superloop's numbers for FY25 appear strong, with the company reporting record growth, market share gains, and positive net profit after tax (NPAT).
Revenue of $546.5 million grew by 31% year-on-year.
Management attributed this outcome to an "outstanding" performance in the wholesale segment, coupled with a notable contribution from the consumer division.
Here, wholesale revenue rocketed by 62% to $77.9 million after a record year of customer growth for this segment.
Superloop's exclusive contract to provide wholesale internet services to Origin Energy Ltd (ASX: ORG) appears to be a key catalyst for this surge.
In FY25, the company migrated 130,000 Origin broadband customers to the Superloop network.
It added another 83,000 Origin customers by year's end.
Meanwhile, revenue for the consumer segment jumped by 37% from the previous year to come in at $363.7 million.
This segment added 63,000 net new customers in FY25.
In total, Superloop ended FY25 with 731,000 customers on its books after delivering 275,000 net new customers during the year.
Underlying operating earnings (EBITDA) of $92.2 million came in above guidance after lifting by 70%.
Free cash flow of $56.3 million nearly doubled, and NPAT of $1.2 million saw a significant improvement from a $14.7 million loss in FY24.
Finally, this ASX All Ords stock took its share of the NBN market to 6.6% after delivering a 75% gain year-on-year.
Looking ahead
Superloop failed to provide any concrete guidance for FY26, which may have contributed to today's share price dip.
Instead, management pointed to progress of the group's 'Double Down' growth strategy.
Here, the ASX All Ords stock is focused on lifting its share of the NBN services market, maintaining cost leadership, and growing its business segment.
That said, management noted that FY26 is off to a strong start in the consumer segment with 17,000 net new customers added since the start of July.
Superloop also plans to be on the lookout for potential merger and acquisition (M&A) opportunities that are earnings accretive.
