• Eleven consecutive years of EBITDA growth
• Group EBITDA of $113.6 million, an 8.7% increase over 3 years
• Strong balance sheet with undrawn debt facility of $450m and cash of $62m

Macquarie Technology Group Ltd (ASX: MAQ) today announced its results for the year ended 30 June 2025, which were in line with guidance. The company reported its 11th consecutive year of EBITDA growth, with Group Earnings before interest, tax, depreciation, and amortisation (EBITDA) of $113.6 million, an increase of 8.7% over the last 3 years. Operating cash flow was $109.9 million in FY25 after income tax payments of $25.5 million for the FY24 and FY25 years, with a conversion of EBITDA to operating cash flows excluding income tax and interest received of 115%. The company has a strong balance sheet with an undrawn debt facility of $450m along with cash and deposits of c$62m available to fund further investments, including entering into a put and call option to purchase a large parcel of land for a new data centre campus in Sydney. The company's EBITDA is expected to have marginal growth in FY26, with continued investment in people, capabilities, and AI-driven solutions to support the growth of its Macquarie Data Centres platform, which is strategically positioned to provide over 215MW of data centre capacity over the next 7-10 years.

In FY26, CS&G revenue is expected to grow, but margins are likely to decline compared to FY25, resulting in only modest EBITDA growth. Telecom's EBITDA is likely to be around $20 million, returning to FY23 levels. Depreciation and amortisation for FY26 is expected to be $55 million to $60 million. Total capex before IC3 Super West is expected to be between $36 million to $44 million, with IC3 Super West capex expected to be between $170 million to $190 million in FY26.

The company is continuing to invest in people to grow its business, with headcount aligned with revenue trends to maintain operational efficiency. It is further investing in its capabilities to support the growth in the MDC platform and developing AI capabilities and infrastructure to empower its customers. The company is also investing in AI-driven solutions internally to enhance operational efficiencies across the Group.