Megaport Ltd (OTCPK:MGPPF)

$ 7.45 0 (0%) Market Cap: 990.60 Mil Enterprise Value: 924.15 Mil PE Ratio: 149.00 PB Ratio: 9.25 GF Score: 79/100

Half Year 2020 Megaport Ltd Earnings Call Transcript

Feb 12, 2020 / 12:30AM GMT

Release Date Price: $7.35

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Megaport Half Year 2020 Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded.

I would now like to hand the conference over to your first speaker today, Mr. Vincent English, CEO for Megaport. Thank you. Please go ahead.

Vincent English

Megaport Limited - CEO & Director

Good morning, and welcome to Megaport first year 2020 results call. I'd like to start by going through some of the company highlights for the period, for the 12 -- 6 months ending 31st of December 2019.

Starting with our monthly recurring revenue for the period at the end of December was $4.6 million, up 26% from the period ending in June. Our annualized revenue similarly up 26% on a run rate of $54.6 million. Customers were up 13% at 1,679, and the total number of services on the network was 13,914, up 20% for the period. The total number of ports, customer ports that we had on the network was 4,863, also up 20%, and the total number of installed data

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