Latest Superloop (ASX:SLC) News

A handful of extreme moves set the tone, from DXN’s explosive AI data centre rerating to steep sell-offs in small-cap explorers. Deals, funding and fresh drilling results drove the week, but several gap-ups lost steam as traders banked profits.

Superloop Limited upgrades FY26 underlying EBITDA guidance to $118-$122 million, driven by strong trading and the Lightning Broadband acquisition, while launching a bold three-year Supercharge29 strategy targeting sustained growth and shareholder returns.

Speculative small caps drove the week, with Tasman Resources, Solis Minerals and Lithium Energy leading the board after funding, drilling and asset sale updates. At the other end, ASX Ltd and Arafura Rare Earths fell hard as investors reacted to higher costs and fresh equity issuance.

Superloop has finalized its $165 million purchase of Lightning Broadband, adding 56,000 secured lots to its Fibre-to-the-Premises network across six Australian states and territories. The deal, funded by cash and debt, keeps net leverage low and comes with regulatory approval of a functional separation framework to support open-access wholesale services.

Superloop showcased sustained earnings improvement and strategic fibre network expansion, spotlighting its pending Lightning Broadband acquisition to boost FTTP scale.

Superloop has reached a significant milestone under its exclusive Origin Energy contract, surpassing 250,000 broadband subscribers and triggering a share issuance obligation.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Superloop has agreed to acquire Lightning Broadband for $165 million, significantly expanding its fibre footprint and accelerating its Smart Communities strategy across Australia.

Superloop warns of a potential $4 million annual gross margin impact following AGL Energy's decision to divest its telecommunications business, with subscriber migration expected in early 2027.

Superloop Limited has reported a robust FY25 performance with significant revenue and profitability gains, marking its entry into the ASX 200 index and advancing key ESG initiatives.

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.

Superloop has reported a robust FY25 with a 31% revenue increase and significant market share gains in the nbn broadband sector, alongside a positive net profit after tax.