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

Full Year 2021 Megaport Ltd Earnings Call Transcript

Aug 10, 2021 / 12:30AM GMT
Release Date Price: $13
Steve Loxton

Thank you for joining today's session. We have today with us Megaport for their full year results release and investor briefing with CEO, Vincent English; and CFO, Sean Cassidy. Vincent, I'll pass it off to you.

Vincent English
Megaport Limited - CEO & Director

Good morning. Thanks, Steve. Good morning, everybody, and welcome to the FY '21 Megaport earnings call and global update. I'd like to start with our FY '21 highlights, and most of which have been reported earlier, but earlier through our quarterly announcements, but just taking you through the key highlights. Monthly recurring revenue at $7.5 million, was up 32% on the same time last year. Also, our annualized run rate revenue now is running at just under $90 million, also up 32%. But the growth in our customers went up by 24% to 2,285, and we've seen our record growth in quarter -- at quarter 4 across a lot of our metrics, including customers. It bodes really well for FY '22.

In terms of the total number of services that grew by 30% to 21,712, and also the number of ports live on

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