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
2View entire presentation