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NEXTDC Announces Record Financial Growth in FY24

NEXTDC Announces Record Financial Growth in FY24

Nextdc Limited (AU:NXT) has released an update.

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NEXTDC Limited reported a robust financial performance for the fiscal year 2024, with total revenue reaching A$404.3 million, exceeding guidance and marking a 12% increase. The company celebrated a record underlying EBITDA of A$204.3 million and announced significant investments in expanding capacity, including the operational launch of new facilities. With a solid liquidity position and a forward order book of 86.6MW, NEXTDC is poised for continued growth and development in the data center industry.

For further insights into AU:NXT stock, check out TipRanks’ Stock Analysis page.

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