Superloop (SLC) investor relations material

Executive summary

• Successfully completed the three-year Double Down strategy, achieving or exceeding all key targets, including revenue, profit, and cash generation, and transitioning to sustained profitability.

• Revenue grew 21.6% year-over-year to $664.3 million, with broad-based growth across consumer, wholesale, and business segments, and total customers up 205,000 to 935,000.

• Underlying EBITDA rose 33% to $122.7 million, surpassing upgraded guidance, and NPAT reached $17.5 million, a significant turnaround from prior years.

• Free cash flow increased 50% to $84.4 million, supporting future growth and capital management flexibility.

• Entered the next three-year plan, SuperCharge29, with strong momentum and ambitious FY29 targets.

Financial highlights

• Reported revenue up 21.6% year-over-year to $664.3 million; underlying EBITDA increased 33% to $122.7 million, above upgraded guidance.

• NPATA up 34.2% to $37.9 million; NPAT at $17.5 million, up from $1.2 million in FY25.

• Free cash flow grew 50% to $84.4 million; gross operating cash flow conversion at 101%.

• CapEx was $37.9 million, with increased investment in Smart Communities, digital transformation, and network upgrades.

• Group gross margin improved by 64 basis points to 35.3%; OpEx to revenue ratio improved to 13.5%.

Outlook and guidance

• SuperCharge29 targets for FY29: revenue over $1 billion, underlying EBITDA over $200 million, and three-year EPS CAGR over 30%.

• Pathway to ~20% group EBITDA margin by FY29, with continued focus on operating leverage and Smart Communities expansion.

• Consumer gross margins expected to remain stable as promotional discounts roll off and credit card surcharge changes are absorbed.

• Continued disciplined investment in organic growth, AI, Smart Communities, and selective acquisitions, with capital management options under review.

• FY27 guidance to be provided in November.