Aussie Broadband (ABB) Investor Day 2025 summary

Strategic vision and financial targets to FY 2028

• Ambition to reach over AUD 1.6 billion in revenue by FY 2028, a 35% increase from FY 2025, with residential revenue capped at 60% of group total and an EBITDA margin above 12.5%.

• Targeting at least 20% compound annual growth in earnings per share, outpacing revenue growth, and aiming for an NBN market share of 11%+ (about 1 million connections).

• Capital management includes a net leverage ratio of 1.75–2.5x, minimum 15% IRR on growth investments, and a dividend payout up to 40% of NPAT, with flexibility for M&A.

• FY25 guidance reaffirmed: underlying EBITDA $133m–$138m, capex $75m–$80m.

• Five strategic priorities: growth across all segments, service leadership, technology modernization, fiber network expansion, and security.

Business evolution and market positioning

• Evolved into a diversified telco group with deep capabilities across residential, business, enterprise, government, and wholesale segments.

• Recent acquisitions of Over the Wire (2022) and Symbio (2024) have expanded business and wholesale capabilities.

• Holds 8.1% market share of on-net NBN services, with 768k broadband and 211k mobile connections as of March 2025.

• Recognized as Australia’s most trusted telco and ranked 33rd most trusted brand nationally.

• Significant investment in owned fibre assets and industry-leading software platforms.

Residential, business, and wholesale growth strategies

• Residential strategy leverages dual brands (premium and value) to target distinct market segments, with Buddy as a digital-first, value-focused brand and ABB as a premium service leader.

• Over 70% of new residential customers are on 100 Mb+ plans, positioning for high-speed NBN tiers; 65% of FTTP/HFC customers to receive free speed upgrades in September.

• Launched 'PRO' high-speed products in August 2024, capturing 64% share of the 1000/400 Mbps tier.

• Business, enterprise, and government focus on scalable, configurable solutions, unified communications, and leveraging the Aussie Fiber network to double tenancy penetration in on-net buildings.

• Wholesale division aims to dominate by 2028, integrating Symbio and Aussie capabilities, expanding enablement platforms, and targeting managed service providers, challenger telcos, and global OTTs.