Key Highlights

  • Revenue increased 21.6% to $664.3 million, while underlying EBITDA rose 33.1% to $122.7 million.
  • Free Cash Flow increased 50% to $84.4 million, with gross Operating Cash Flow rising 40% to $123.5 million.
  • Net profit after tax increased to $17.5 million from $1.2 million, while NPATA rose 34.2% to $37.9 million.
  • Customer numbers increased by 205,000 to 935,000, while nbn Market Share rose to 8.5%.

Superloop (ASX:SLC) shares are up 20% year-to-date, trading at AUD 3.06 after gaining 3.03% today, following an FY26 result showing broad-based growth across the telco's segments.

What's Driving the Move

Revenue rose 21.6% to $664.3 million, with underlying EBITDA up 33.1% to $122.7 million and Gross Profit up 23.8% to $234.8 million. Net profit after tax jumped to $17.5 million from $1.2 million, while NPATA rose 34.2% to $37.9 million.

Consumer Revenue rose 27.4% to $463.2 million, Business revenue rose 8.2% to $113.4 million, and Wholesale revenue rose 19.2% to $97.3 million. Customer numbers increased by 205,000 to 935,000, a 28% rise, with nbn market share up 1.9 points to 8.5%.

Cash Generation Improves

Free cash flow rose 50% to $84.4 million, with gross operating cash flow up 40% to $123.5 million and conversion reaching 101%. Superloop ended FY26 with $101.7 million in cash and about $128 million in net debt.

Is SLC Worth Watching?

Smart Communities contracted lots nearly doubled to around 190,000. Under its new SuperCharge29 strategy, Superloop is targeting more than $1 billion in revenue and $200 million in underlying EBITDA by FY29.