Aussie Broadband Ltd
ASX:ABB
Aussie Broadband Ltd
Aussie Broadband Ltd. engages in the provision of telecommunications services. Its segments include Residential and Business. Residential segment provides telecommunications services to residential users. Business segment provides telecommunications services to business users. Its services include nbn and other networks broadband services to residential and business segments together with related products and services. Its nbn services include nbn modems, nbn phone and entertainment. Its other services include mobile phone and mobile broadband. The company offers private Internet protocol (IP) networks, managed service provider (MSP) partner program, hosted firewall, hosted private branch exchange (PBX) phones, session initiation protocol (SIP) trunks and many others. The company serves various industries, such as healthcare, education, finance, construction, retail and professional services.
Aussie Broadband Ltd. engages in the provision of telecommunications services. Its segments include Residential and Business. Residential segment provides telecommunications services to residential users. Business segment provides telecommunications services to business users. Its services include nbn and other networks broadband services to residential and business segments together with related products and services. Its nbn services include nbn modems, nbn phone and entertainment. Its other services include mobile phone and mobile broadband. The company offers private Internet protocol (IP) networks, managed service provider (MSP) partner program, hosted firewall, hosted private branch exchange (PBX) phones, session initiation protocol (SIP) trunks and many others. The company serves various industries, such as healthcare, education, finance, construction, retail and professional services.
Revenue Growth: Aussie Broadband delivered double-digit growth across all segments, with revenue up 8.4% to $637.8 million for the half.
Profitability: Underlying EBITDA rose 13.5% to $74.7 million, and underlying NPATA increased 24.5% to $31.3 million. EPS was up 26.5%.
Upgraded Guidance: FY '26 EBITDA guidance was revised to the upper end of the $162–167 million range, reflecting 17–21% annual growth. CapEx guidance remains at $55–60 million.
Market Share & Connections: NBN market share reached 8.8% with broadband connections growing by 39,000 to 828,000. Management expects to surpass 1 million connections by year-end.
Strategic Deals & M&A: Announced major acquisitions (AGL Telco, Nexgen) and the divestment of Digital Sense Hosting. AGL Telco will add significant scale, with 350,000 broadband and mobile services and $21 million EBITDA expected in the first year post-migration.
Dividend Boost: Interim dividend of $0.024 per share, up 50% from last year.
Productivity & Efficiency: Operating cost to revenue ratio improved by 1.2pp and staff-to-customer ratio improved by 14%, supporting margin stability.
Upgraded Ambitions: Long-term targets increased to $2 billion revenue and EBITDA margin above 13.5% by FY '28, aiming for at least 30% EPS CAGR.
