Question 1

How fast is the Australian data centre market growing and where does NEXTDC fit?

Accepted Answer

The Australian data centre market is projected to exceed $3 billion by 2026. NEXTDC is positioning itself to capture 15% of total market supply volume, supported by a 15% revenue increase to $179.3 million in FY19.

Question 2

Is the demand for these facilities actually translating into signed contracts?

Accepted Answer

Contracted utilisation grew by 31% to reach 52.5MW in FY19, indicating strong conversion of market interest into revenue. This momentum supports a target market share of 25% by 2025 as the company aggressively scales its footprint.

Question 3

What is driving the need for such massive capacity expansion?

Accepted Answer

Hyperscale cloud providers are the primary catalysts and are expected to occupy 50% of total data centre supply by 2026. To meet this demand, NEXTDC is increasing its built capacity by 250%, moving from 58.4MW to a planned 146.1MW.

Question 4

What are the financial expectations for the next fiscal year?

Accepted Answer

FY20 guidance targets $200 million in revenue and $100 million in underlying EBITDA. This growth is underpinned by a committed infrastructure investment of $280 million to $300 million.

NEXTDC FY19 update: growing fast with the market

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