DATA centre property operator Nextdc has returned to profit, posting an interim statutory net profit of $0.6 million compared to net loss of $5.8 million in 1H15.
The profit result was due largely to a 51% jump in revenue to $42.1 million compared to $28.0 million in the previous correponding period. EBITDA up 279% to $11.4 million.
“NEXTDC has been going from strength to strength in the past six months, announcing new data centre builds on the back of our Brisbane and Melbourne facilities nearing capacity, and the market’s support of our capital raising in the last few months of 2015. This strong funding position allows us to pursue further growth supported by robust demand from new and existing customers,” CEO Craig Scroggie said.
Australian Property Journal
