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

Q1 2024 Megaport Ltd Activities Report Call Transcript

Oct 25, 2023 / 11:30PM GMT
Release Date Price: $6.75
Operator

Good morning. And today, we have Michael Reid and Leticia Dorman, CEO and CFO, respectively, to take us through a short investor presentation that will be followed by Q&A where you'll be able to ask your own questions. And so just raise your hand and I'll get to you at the end. Michael, over to you.

Michael Reid
Megaport Limited - CEO & Executive Director

Fantastic. Thank you, Steve. Good morning all, and good evening for those joining us in the United States and around the world. All right, let's get straight into it. This is the investor presentation, first quarter FY '24. All right. First quarter, let's talk about the highlights. Annual recurring revenue at $189.8 million, that's up $11.2 million quarter-on-quarter or a 6% increase. EBITDA was $15 million, up $3.2 million quarter-on-quarter, a 27% increase. positive net cash flow and focus, we called out net cash flow positive for the full financial year, our first quarter at $5.6 million, up 3.3% quarter-on-quarter, 143% year-on-year growth. Investment in the go-to-market engine is progressing

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot