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Megaport ( (AU:MP1) ) has issued an announcement.
Megaport Limited reported a 16% increase in revenue for the financial year ending June 30, 2025, reaching $227.06 million. Despite the revenue growth, the company experienced a net loss of $292,000, compared to a profit of $9.6 million in the previous year. No dividends were declared for the year. The company’s net tangible asset backing per share increased from 66.09 cents to 82.11 cents, indicating a stronger asset position. The financial results reflect challenges in maintaining profitability despite revenue growth, impacting stakeholders’ expectations.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$15.95 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
Megaport Limited operates in the technology industry, providing network as a service (NaaS) solutions. The company focuses on enabling businesses to connect their networks through a global software-defined network, facilitating flexible and scalable connectivity solutions.
Average Trading Volume: 536,166
Technical Sentiment Signal: Buy
Current Market Cap: A$2.44B
For an in-depth examination of MP1 stock, go to TipRanks’ Overview page.