NextDC revenue up 85 per cent

Data centre firm posts revenue of $60.9 million

NextDC (ASX: NXT) has reported revenue of $60.9 million for the full year ending 30 June 2015, up from FY14 revenue of $30.4 million.

Contracted recurring revenue was up from $27.9 million last year to $69.6 million. Earnings before interest, tax, depreciation and amortisation (EBITDA) was $8 million.

The company reported a net loss after tax of $10.3 million, down from 2014's $22.9 million.

NextDC won a number of new major customer contracts during the year. These included a major customer for an initial capacity of over 1 megawatt (MW) at S1 announced in December 2014, another corporation for 4MW across M1 and S1 announced in June and a federal government contract announced in August.

Other contracts signed in FY15 included PCCW Global and its worldwide MPLS network, US telecommunications provider CenturyLink and global network provider CloudFlare.

Due to strong take up of capacity at B1 (79 per cent utilised ) and M1 (76 per cent utilised ) the company is now assessing potential new data centres at Brisbane (B2) and Melbourne (M2) based on prospective customer demand.

Follow Hamish Barwick on Twitter: @HamishBarwick

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