DigiCo Infrastructure REIT (ASX: DGT) is in focus as the company holds its annual general meeting (AGM). In FY25, the company posted its first full-year results since listing, delivering annualised underlying EBITDA of $99 million—beating guidance—and distributions of 10.9 cents per security, while maintaining a strong balance sheet and funding position.
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What did DigiCo Infrastructure REIT report in FY25?
- Annualised underlying EBITDA: $99 million (surpassing forecast of $97 million)
- Distributions: 10.9 cents per security, in line with guidance
- Year-end liquidity: $740 million; gearing at 35% (lower end of target range)
- Australian contracted IT capacity to reach 41MW by June 2026
- Group billed IT capacity targeting 85MW by July 2026
- FY25 marked DigiCo's inaugural year as a listed entity
What else do investors need to know?
DigiCo achieved 'Certified Strategic' status for its flagship SYD1 data centre, accelerating both customer contracting and interest from hyperscale providers, enterprise customers, and governments. New Australian contracts strengthened their market position, and significant progress was made at their US facilities, especially in Los Angeles and Chicago.
The board has also expanded, with Michael Juniper's nomination further boosting sector expertise. Management has highlighted a healthy mix of investment-grade clients (over 80% of revenue), a prudent capital management approach, and ongoing efforts to access new growth funding via capital partnerships in both key markets.
What did DigiCo Infrastructure REIT management say?
CEO Chris Maher said:
Our value-creation thesis is based on delivering strong operational outcomes—thereby generating long-term, sustainable cash flows that enable us to recycle capital and reinvest in higher-yield developments across both Australia and the U.S.
What's next for DigiCo Infrastructure REIT?
Looking to FY26, DigiCo expects underlying EBITDA between $120 million and $125 million, powered by the ramp-up of new capacity and recent customer wins. Distribution guidance is for 12 cents per security, maintaining a payout of 90–100% of funds from operations.
The company is accelerating development across both Australian and US portfolios, with an emphasis on sustainable data-centre operations. DigiCo's strategy is built on capitalising on AI-driven data demand, expanding capacity, and strengthening its capital base through active partnerships.
DigiCo Infrastructure REIT share price snapshot
Over the past 12 months, DigiCo Infrastructure REIT has fallen 44%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.
