Nextdc Ltd (OTCPK:NXDCF)
$ 8.875 0 (0%) Market Cap: 7.18 Bil Enterprise Value: 7.05 Bil PE Ratio: 0 PB Ratio: 2.74 GF Score: 85/100

Half Year 2021 NEXTDC Ltd Earnings Call Transcript

Feb 24, 2021 / 10:15PM GMT
Release Date Price: $9.3
Operator

Thank you for standing by, and welcome to the NEXTDC 1H '21 results briefing. (Operator Instructions) I would now like to hand the conference over to Mr. Craig Scroggie, CEO. Please go ahead.

Craig Scroggie
NEXTDC Limited - CEO, MD & Executive Director

Thank you, Harmony. Good morning, ladies and gentlemen, and welcome to the NEXTDC results presentation for the first half of FY '21. Joined today by our CFO, Oskar Tomaszewski.

Beginning on Slide 2. We're pleased to present another set of record results, total revenue of $122 million and underlying EBITDA of $66 million. Contracted utilization now stands at 71 megawatts.

Our networks continue to expand, growing to more than 13,900 interconnections, up 16% in the last 12 months. Our ecosystem continues to evolve with over 1,460 customers, more than 660 partners, including 70 connectivity service providers.

Turning to Slide 3. Our strong performance in 1H '21 is highlighted by robust key operating metrics. Revenue from data center services increased by $26 million or 27% to $122

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