In its most recent financial results, released on 24 February local time, the group reported revenue of AU$143.6 million, an increase of 9% on 1H FY20 and EBITDA of $36.4 million, an increase of 15% on the first half of last year.
Net profit after tax came in at $7 million, an increase of 5% on 1H FY20.
On spending, total capital expenditure (capex) for the first half of FY21 stood at $32.9 million (1H FY20: $23.1 million) excluding the cost of Intellicentre 3 East. On that front, for the Intellicentre 3 East and Intellicentre 5 South Bunker, the group has drawn down $93.5 million to support data centre developments.
Customer growth capex was $13.9 million, 20% higher than the $11.6 million recorded for the same period last year and reflective of "continued data centre sales success and product mix".
Chief executive David Tudehope commented, “Macquarie’s 20-year strategy of investing in world-class data centres is based on strong demand for data centre capacity as customers migrate to cloud and colocation services. The win, of the 10MW of IT Load sold to a Leading Corporation, recognises the world class investment we have made in the Macquarie Park Data Centres Campus in Sydney’s North Zone.”
The firm also reported that the telecoms division " continues to win customers from legacy data and IP carriers with our NBN and SD WAN solution."
On the outlook, FY21 Total Capex is expected to be between $57 million and $66 million, excluding IC3, and broken down as follows:
Customer Growth - $25 to $28 million;
Growth Capex - $17 to $20 million;
Maintenance Capex - $15 to $18 million;
IC3 Expenditure - $123 to $126 million.
Meanwhile, EBITDA is expected to be approximately $72 to $75 million and FY21 depreciation is expected to be between $50 and $53 million.
