Superloop Limited has delivered a standout FY25 with strong revenue growth and a positive net profit after tax, accelerated by strategic acquisitions and market share gains. The company sets an ambitious FY26 guidance, underpinned by a new $300 million loan facility and expanding fibre footprint.
- FY25 revenue climbs to $546 million with underlying EBITDA up 31%
- Net profit after tax turns positive a year ahead of plan
- Acquisition of Frontier Networks adds 10,500 FTTP lots
- New $300 million loan facility improves capital flexibility
- FY26 guidance targets 18%-27% EBITDA growth and $700 million revenue run-rate
FY25 Performance Highlights
Superloop Limited (ASX – SLC) has reported a robust financial performance for FY25, showcasing substantial growth across key metrics. Revenue surged to $546 million, marking a 31% increase from the previous year, while underlying EBITDA rose 31% to $92.2 million. Notably, the company achieved a positive net profit after tax (NPAT) of $1.2 million, reaching profitability a full year earlier than originally forecasted in its turnaround plan.
Customer numbers expanded significantly to 731,000, reflecting Superloop’s growing footprint in the Australian broadband market. The company’s market share in the National Broadband Network (nbn) segment climbed to 6.7%, up 2.8 percentage points, driven by record net additions of 243,000 customers in the year to June 2025. This growth underscores Superloop’s success in challenging incumbents and capturing a larger slice of the $9 billion Australian broadband market.
Strategic Acquisitions and Capital Moves
In a strategic move to bolster its fibre-to-the-premises (FTTP) capabilities, Superloop completed the acquisition of Frontier Networks in October 2025 for $11.5 million. This deal adds 10,500 contracted FTTP lots, including 4,700 completed and 5,800 under construction, enhancing Superloop’s presence in retirement living and student accommodation sectors. The acquisition is expected to contribute approximately $3.4 million in proforma EBITDA, further strengthening the company’s earnings base.
Complementing this expansion, Superloop secured a new $300 million loan facility with a four-year term, negotiated through bilateral agreements with four lenders. The facility features improved interest margins and increased flexibility, positioning the company to support future strategic capital deployment and growth initiatives.
FY26 Outlook and Guidance
Looking ahead, Superloop has provided an optimistic FY26 guidance, projecting underlying EBITDA growth between 18% and 27%, targeting a run-rate of $109 million to $117 million. Revenue is expected to reach an annualised run-rate of $700 million by June 2026. Capital expenditure guidance is set between $32 million and $35 million, excluding a $26.4 million renewal of a network capacity Indefeasible Right of Use (IRU) agreement.
The company anticipates a continued skew of EBITDA towards the second half of FY26, reflecting planned higher marketing and operating expenses in the first half. Superloop’s organic growth strategy remains on track, supported by strong sales momentum in consumer and business segments, as well as ongoing wins in Smart Communities FTTP projects.
ESG and Governance Enhancements
Superloop also highlighted its commitment to environmental, social, and governance (ESG) principles. The board welcomed Alexandra Crammond as an independent non-executive director, enhancing board diversity and expertise. The company has implemented revised ESG responsibilities within its governance framework and launched initiatives such as energy-efficient routers, circular economy partnerships, and community support programs including free internet for thousands of households.
These efforts align with Superloop’s broader strategy to reduce environmental impact, foster social good, and maintain a sustainable foundation for growth.
Bottom Line?
Superloop’s accelerated profitability and strategic investments set the stage for a pivotal FY26, but execution risks remain amid aggressive growth targets.
Questions in the middle?
- How will Superloop integrate Frontier Networks to maximise synergies and EBITDA contribution?
- What impact will the increased debt facility have on Superloop’s financial leverage and cost of capital?
- Can Superloop sustain its rapid customer growth amid intensifying competition in the Australian broadband market?