Latest Megaport News

FortifAI says independent verification found its NOL8 AI Data Plane delivered up to 118 times more data per infrastructure dollar than Google RE2 at the highest workload tested. The result supports NOL8’s commercialisation push, while also triggering the vesting of 52,516,667 Class C Performance Rights.

Megaport has secured three AI infrastructure contracts worth a combined A$978.6 million, with customer prepayments covering much of the required investment. The deals push pro forma Group ARR to about A$1.1 billion and prompt upgrades to FY27 revenue and EBITDA margin guidance.

WAM Capital reported a 10.5% decline in investment portfolio performance for FY2026, but retained its full-year dividend at 15.5 cents per share. The listed investment company is targeting an 8.0-cent dividend for FY2027, backed by a profits reserve of 5.7 cents per share after the latest payout.

WAM Active Limited delivered a historic 75.5% investment portfolio return in FY2026, driving net profit after tax up 355% to $33.8 million and declaring fully franked dividends totaling 9.4 cents per share.

Megaport has posted a 37% jump in FY26 revenue to $312 million, driven by strategic acquisitions and a broadening platform across compute, network, and storage. The company raised over $1 billion to fund AI-focused contracts and infrastructure growth.

FortifAI’s NOL8 AI Data Plane has proven its scalability and economic edge in global live tests across the Megaport network, outperforming legacy software by a wide margin in data governance and latency.

Megaport has successfully closed the retail portion of its AUD 827 million entitlement offer, raising AUD 308 million through the issuance of 21.6 million new shares priced at AUD 14.30 each. The retail offer's Top Up Facility was oversubscribed and scaled back to allocate all available shares to participating shareholders.

Megaport Limited is raising approximately A$827 million through a fully underwritten entitlement offer to finance four major AI contracts and build an on-demand GPU Pool, aiming to establish a globally-distributed AI inference cloud.

Megaport has landed four major AI infrastructure contracts worth A$459 million, fueling its plan to build a globally-distributed AI inference cloud supported by a new A$350 million GPU Pool. The company is raising A$827 million through a fully underwritten entitlement offer to fund these initiatives and future growth.

Megaport’s Latitude.sh subsidiary has secured three major AI infrastructure contracts worth USD 183 million, backed by a USD 101 million capital expenditure commitment, reinforcing its role in the global AI compute ecosystem.

Megaport’s Latitude.sh has secured a $35.4 million three-year compute and storage deal, adding nearly $12 million in annual recurring revenue and underpinning the company’s growth in AI-driven infrastructure.

ECP Emerging Growth Limited’s portfolio plunged 19.4% in the March quarter, dragging its net tangible asset value down by nearly 30%, as growth stocks stumbled amid geopolitical tensions and rising rates. The fund added furniture retailer Koala Company and sees value in its resilient holdings despite the rough patch.