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Full Year 2020 Megaport Ltd Earnings Call Transcript
Good morning, everybody. Welcome to Megaport's Global Update and FY '20 Full Year Results Call this morning. I'm Vincent English, Chief Executive Officer of Megaport. Joining me on the call this morning is Steve Loxton, Head of Investor Relations; and also our new Chief Financial Officer, Sean Cassidy, who has just joined us at the beginning of April.
We will now proceed to go through the presentation, and then we will take questions and answers once the presentation is concluded.
And I'd like to start with the company highlights for FY '20. There are some key milestones. Most of this has been public information. But just to call it out, in terms of our monthly recurring revenue, closed at $5.7 million at the end of June, an increase of 57% year-on-year. Our annualized revenue is the same, an increase of 57% is now on a run rate of $67.8 million for the year. Total number of customers, 1,842, up 24% in the quarter. And the total number of services consumed by the customers was 16,712, up 45% in the year. The total number of ports on
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