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Superloop Ltd. ( (AU:SLC) ) has provided an announcement.
Superloop Ltd. reported a significant financial performance for FY25, achieving a 31% increase in revenue to $546.5 million, driven by strong growth in both the Wholesale and Consumer segments. The company added over 275,000 net new customers, increasing its nbn market share to 6.6%. The success of the Double Down strategy has resulted in a 70% rise in underlying EBITDA to $92.2 million, with substantial cash flow generation enabling further investments in its core business areas. Superloop’s strategic positioning and operational efficiency improvements have solidified its market presence, benefiting from high-speed plan changes and expanding its Smart Communities business.
The most recent analyst rating on (AU:SLC) stock is a Buy with a A$3.74 price target. To see the full list of analyst forecasts on Superloop Ltd. stock, see the AU:SLC Stock Forecast page.
More about Superloop Ltd.
Superloop Ltd. operates in the telecommunications industry, providing broadband services with a focus on the nbn broadband market. The company offers services primarily through its Superloop and Exetel brands, targeting both consumer and wholesale segments. Superloop is also involved in developing connectivity solutions for new property developments, such as the Smart Communities business.
Average Trading Volume: 1,519,791
Technical Sentiment Signal: Buy
Current Market Cap: A$1.68B
For detailed information about SLC stock, go to TipRanks’ Stock Analysis page.