Thursday, 31 August 2017 10:23

Macquarie Telecom has another good year

By

Macquarie Telecom has recorded a third successive year of profit growth, with the company declaring a net profit after tax of $14.2 million, a rise of 170% year-on-year, on full-year revenue of $219.7 million.

The company declared a final dividend of 25 cents per share fully franked, which took the full-year dividend to 50 cents.

The results, declared this morning, showed that the company has no debt and had cash of $31.8 million in hand on 30 June.

In the full year, Macquarie Telecom had capital expenditure of $38.5 million. The increase in capex growth was $16 million and this was expended on the Fortune 100 customers; Data Hall 4 fit out; Intellicentre 4 capacity; Telecom NOC insourcing project and SD WAN investment.

Chief executive David Tudehope said “Sustained growth in profitability over the last three years has allowed Macquarie to consider opportunities to invest for future growth. We are well positioned to benefit from the megatrends of cloud and cyber security.”

In the year ahead, Macquarie said it would focus on customer experience to ensure a leading Net Promoter Score greater than +60 across all business segments.

The company also has its eye on telecom investment in new data networking technology and insourcing network operations to cut costs and improve service delivery.

A third priority will be hosting. Stage 1 has been achieved for Fortune 100 customers at Intellicentre 2 and this will be taken forward to delivering operational readiness for stage 2 which is scheduled for completion in Q3 FY18. Full revenue earning capacity is expected to be realised in FY19. 

Finally, the company aims to leverage the 42% of Australian Government clients who have contracted with Macquarie Government. 

"We will further grow our government customer revenue in cyber security and secure cloud computing. Our cloud computing offering is certified by the Australian Signals Directorate," it said.

For the next financial year, Macquarie said it expected increased earnings before interest, tax, depreciation, and amortisation, but added that first-half revenue would be flat due to expected higher power prices and expenditure on sales growth.

Both capital expenditure and operation expenditure were expected to increase for the secure cloud offering due to expansion in government business.


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments