FY25 Full Year Statutory Accounts - Appendix 4E
| Stock | Superloop Ltd (SLC.ASX) |
|---|---|
| Release Time | 20 Aug 2025, 9:02 a.m. |
| Price Sensitive | Yes |
Superloop Reports FY25 Financial Results
- Revenue up 31.2% to $546.5 million
- Profit after tax of $1.2 million, a turnaround from prior year loss
- Successful migration of Origin Energy broadband customer base
Superloop Limited reported its financial results for the year ended 30 June 2025, with the company delivering its strongest financial performance to date. Revenue from ordinary activities grew 31.2% to $546.5 million, up from $416.6 million in the prior year. This growth was driven by organic gains across the consumer and wholesale segments, as well as the successful migration of the Origin Energy broadband customer base to Superloop's platform. The company reported a profit after tax of $1.2 million, a significant turnaround from the $14.7 million loss in the prior year. This was predominantly due to the organic growth in the consumer segment, higher gross margins in the wholesale segment from the Origin Energy migration, and the recognition of prior year tax losses. During the year, Superloop completed the acquisition of Uecomm Pty Ltd, adding over 2,100 kilometres of high-capacity fibre assets and 800 kilometres of owned duct. This infrastructure will support Superloop's growing Smart Communities pipeline and enhance its product offerings in the business and wholesale segments. The company continues to invest in customer experience initiatives, including the release of its second-generation AI agent and a new mobile app with automated diagnostic tools. Superloop's sustainability efforts also progressed, with the company upgrading network equipment for improved energy efficiency, repurposing hardware, and transitioning to compostable packaging.
Superloop expects to continue its strong financial performance in FY26, with the company targeting further revenue growth and expanded profit margins as it executes on its 'Double Down' strategy to double the size of the business by the end of FY26.
Superloop remains confident in its ability to capitalize on the industry trend of commoditization in the consumer broadband market and the rise of challenger internet brands. The company will continue to leverage its infrastructure and technology platform to drive growth across its consumer, business, and wholesale segments, while also pursuing strategic acquisitions to supplement its organic expansion.