HY26 Results ASX Notification
| Stock | Superloop Ltd (SLC.ASX) |
|---|---|
| Release Time | 18 Feb 2026, 9:32 a.m. |
| Price Sensitive | Yes |
Superloop Ltd reports strong HY26 results, upgrades FY26 guidance
- Total revenue up 23% to $317.6 million, driven by strong customer and market share gains
- Underlying EBITDA up 46% to $55.8 million, reflecting significant operating leverage
- Superloop enters binding agreement to acquire Lightning Broadband, accelerating Smart Communities strategy
Superloop Ltd (ASX: SLC) has reported strong financial results for the first half of FY26, with total revenue increasing by 23% to $317.6 million and Underlying EBITDA increasing by 46% to $55.8 million. The company's Consumer segment saw a 29% increase in revenue, driven by record organic customer growth of 49,000 new customers, while the Wholesale segment achieved 28% revenue growth. Superloop also continued to gain market share in the nbn market, now accounting for 7.0% of the market and fulfilling 14.5% of all new nbn orders in the first half. The company has also entered into a binding agreement to acquire Lightning Broadband, which will significantly accelerate its Smart Communities strategy. The acquisition is expected to be EPS accretive in FY27 and will add 54,000 contracted lots to Superloop's portfolio. Superloop has upgraded its FY26 Underlying EBITDA guidance to $112 million to $120 million, reflecting the strong trading performance and the company's focus on increasing its share of the nbn market, growing the Business segment, and maintaining cost leadership.
Superloop has upgraded its FY26 Underlying EBITDA guidance to $112 million to $120 million, representing 21% to 30% growth on FY25. The acquisition of Lightning Broadband is expected to contribute materially to earnings in FY27, with completion expected in the 4th quarter of FY26, subject to regulatory approvals.
Superloop continues to focus on increasing its share of nbn services (both through owned brands and by enabling challengers), growing the Business segment particularly through Smart Communities, and maintaining cost leadership. The company will also continue to take a disciplined approach to future M&A opportunities to ensure they deliver value for shareholders.