Quarterly Financial Performance slide image

Quarterly Financial Performance

Highlights 1QFY24 Highlights ARR¹ $189.8M up $11.2M QoQ +6% >> >> Launched Megaport Reach EBITDA² $15.0M up $3.2M QoQ +27% Investment in go-to-market engine progressing well $ Positive Net Cash Flow³ $5.6M up $3.3M QoQ 143% Public availability of Megaport ONE Beta 1. Annual Recurring Revenue is the recurring revenue expected over a 12 month period, calculated as Monthly Recurring Revenue for the last month of the period x 12, and excludes any non-recurring or one-off revenue. Excluding the impact of foreign exchange tailwinds from a weakening Australian dollar, underlying ARR grew $5.2M of 3% in 1QFY24. 2. Earnings Before Interest Tax Depreciation and Amortisation represents operating results excluding equity-settled employee and related costs, foreign exchange gains and losses, gains and losses on disposal of property, plant and equipment, and certain non-recurring non-operational expenses. Prior to 1QFY24, EBITDA was normalised (adjusted or reduced) for certain one-off accruals and reversals. 3. Net Cash Flow represents movement in Net Cash, which is cash at bank less debt including the vendor financing liability. Megaport 2
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