Superloop Expects its FY2020 midpoint EBITDA Guidance of A$13.5 million

July 23, 2020 12:27 PM AEST
Team Kalkine

Superloop Limited (ASX:SLC) has provided the trading update for FY2020 ended 30 June 2020.

SLC attained midpoint of EBITDA guidance of A$13.5 million.
Group revenue is A$107 million driven by robust growth in underlying recurring fibre connectivity revenue.
Continued strong fibre connectivity sales trajectory and reported a 46% YoY growth in total new fibre connectivity annualised revenue.
Capital expenses reduced nearly 70% YoY excluding IRU’s, due to major network infrastructure completed in FY2019.

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