Superloop (SLC) AGM 2025 summary

Opening remarks and agenda

• Chair opened the AGM, acknowledged traditional custodians, confirmed quorum, and welcomed attendees in a hybrid format.

• Meeting agenda included Chair and CEO/MD addresses, FY25 review, FY26 trading update, summary and guidance, and formal business.

Board and executive committee updates

• Board members, CFO, Company Secretary, auditor from Deloitte, and external solicitors were introduced.

• Board highlighted commitment to maintaining relevant skills and governance standards.

• Board expanded with Alexandra Crammond joining as Independent Non-Executive Director, enhancing skills and diversity.

Financial performance review

• Revenue increased by 31% to AUD 547 million; underlying EBITDA up 70% to AUD 92.2 million.

• Net profit after tax positive for the first time since 2020 turnaround, at AUD 1.2 million, achieved one year ahead of plan.

• Customer base grew 60% to 731,000; share price rose 60% over 12 months.

• Gross operating cash flow reached AUD 88 million, with a 95% EBITDA-to-cash conversion rate.

• Substantial nbn market share gains, up 2.8% to 6.7%, with record 243,000 net adds in FY25.