MP1 3.84% $7.31 megaport limited

Good FY24 numbers but challenging FY25 outlook.FY25 Guidance: 1....

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    Good FY24 numbers but challenging FY25 outlook.

    FY25 Guidance:
    1. Revenue growth of +10% to +14% to A$214-222m (-7% consensus at A$234m), with MP1 focus on accelerating growth through the next 3 years
    2. EBITDA growth of +0% to +14% to A$57-65m (-22% consensus at A$78m) with Jun-24 EBITDA being $4.5m, implying $54mnannualised.
    3. Capex of $27-30mn (consensus at $35mn).

    Happy to hold owing to my $4.63 average. Enough fat in the current holding for the vicissitude of the next 3 years. I will be buying more but it might be a bit premature to do it today. This guidance reflects continuation of profitable efficient growth, while reinvesting in the business to drive long-term growth. Definitely reigning in short term expectations a bit. Bad for those expecting instant re-rate.
 
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Last
$7.31
Change
0.270(3.84%)
Mkt cap ! $1.170B
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$7.16 $7.37 $7.13 $9.380M 1.287M

Buyers (Bids)

No. Vol. Price($)
1 1847 $7.31
 

Sellers (Offers)

Price($) Vol. No.
$7.35 14004 2
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Last trade - 16.10pm 26/09/2024 (20 minute delay) ?
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