The Superloop Ltd (ASX: SLC) share price is in focus as the company holds its annual general meeting (AGM). In FY25, the company reported a 31% lift in revenue to $547 million and its first positive net profit after tax since its turnaround began in 2020.
What did Superloop report in FY25?
- Revenue jumped by 31% to $547 million
- Underlying EBITDA rose 70% to $92.2 million
- Net profit after tax positive for the first time since 2020
- Total customer numbers increased 60% to 731,000
- Further market recognition: entered ASX 200 and won multiple industry awards
What else do investors need to know?
Superloop continued to make progress on its "Double Down" strategy, maintaining cost leadership and broadening its market reach across the Consumer, Business, and Wholesale segments. The company also won several high-profile contracts, including its appointment as the sole statutory infrastructure provider for the new city of Bradfield in Sydney.
Environmental and social initiatives remain a focus for Superloop. The company has shrunk its gender pay gap to 5.7%, helped over 3,300 households connect to free internet through the School Student Broadband Initiative, and advanced sustainability by upgrading core routers and reducing electronic waste.
What did Superloop management say?
Chairman Bevan Slattery said:
I'm pleased to report that in year two, our strategy continues to deliver results. Revenue increased by 31% to $547m, Underlying EBITDA grew by 70% to $92.2m, and once again, we achieved strong growth in new customers, up 60% to 731,000. Pleasingly, Superloop delivered a positive Net Profit After Tax result for the financial year, the first such result for the Company since the turnaround began in 2020.
What's next for Superloop?
Superloop will focus on driving organic growth, prudent investments, and building recognition for both the Superloop and Exetel brands. The 2026 financial year marks the final year of the Double Down strategy, with management seeking to consolidate gains and deepen customer engagement.
The company also plans to advance its ESG initiatives, further strengthen remuneration practices, and execute on opportunities created by the Origin Energy agreement and recent board appointments.
Superloop share price snapshot
Over the past 12 months, Superloop shares have risen 51%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.
