Megaport (MP1) Investor presentation summary

Strategic growth initiatives

• Launching a globally distributed AI inference cloud, leveraging automated provisioning of GPU, CPU, network, storage, and data center resources to meet surging demand for AI workloads.

• Recent acquisition of Latitude.sh unlocks significant opportunities in both CPU and GPU markets, positioning for accelerated AI infrastructure growth.

• Focus on AI inference as a growth frontier, with distributed GPU infrastructure enabling scalable, customer-proximate deployments.

• Eight new contracted deals totaling A$747.8M in TCV for compute signed in the past two months, reflecting rapid market traction.

• Building an on-demand GPU pool to attract new customers, enable burst capacity, and incubate new GPU SKUs.

Financial performance and guidance

• Group pro forma ARR reached A$662.9M as of 29 May 2026, with compute ARR at A$83.9M before strategic deals.

• 6.4x increase in compute ARR since the Latitude.sh acquisition, with pro forma ARR from recent strategic contracts at A$301.3M.

• FY26 revenue guidance set at A$307M–A$315M, EBITDA margin expected at 21–24%, and capex at A$90M–A$100M, excluding new strategic contracts.

• Medium-term outlook anticipates continued investment in storage, network, and CPUs to support distributed footprint expansion.

Capital raise and funding

• Fully underwritten 1-for-3.08 pro rata accelerated non-renounceable entitlement offer to raise A$827.3M at A$14.30 per share, a 10.9% discount to TERP.

• Proceeds allocated to A$369.5M capex for new compute contracts, A$350M for on-demand GPU pool, and A$88.5M for balance sheet and growth opportunities.

• Pro forma liquidity of A$287.6M as at 31 December 2025, with debt expected to become a more permanent part of the capital structure.

• Entitlement offer comprises institutional and retail tranches, with approximately 57.9M new shares to be issued, representing 32.5% of existing shares.