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Superloop Ltd. ( (AU:SLC) ) has provided an announcement.
Superloop Limited reported significant financial growth in its FY25 Half Year Results, with a 30.6% increase in total revenue to $258.1 million, driven by strong performance in its Consumer and Wholesale segments. The company successfully migrated 130,000 Origin customers and increased its customer base by 62.6% to over 664,000. Despite a net loss after tax of $7.8 million, Superloop demonstrated improved operational efficiency and market share gains, affirming its strategic path towards achieving a positive net profit after tax (NPAT) in FY26.
More about Superloop Ltd.
Superloop Limited operates within the telecommunications industry, providing internet services primarily through its Consumer, Wholesale, and Business segments. The company focuses on expanding its market share in the nbn (National Broadband Network) sector and enhancing its Smart Communities offerings through strategic partnerships and network capacity upgrades.
YTD Price Performance: -1.56%
Average Trading Volume: 480
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €662.5M
Learn more about SLC stock on TipRanks’ Stock Analysis page.
