Wednesday, September 28, 2022

MacTel (ASX: MAQ) HY Revenue $149.3M

Macquarie Telecom Group Ltd (ASX: MAQ) (the Company) today announced its results for the half-year ended 31 December 2021, which were ahead of guidance.

Chairman Peter James said, “This result represents our fifteenth consecutive half of EBITDA growth, an outstanding achievement made possible by our committed teams, our strategy and ongoing investments across all of our business units.”

Chief Executive David Tudehope said, “Strong demand for cyber security, private and public cloud has driven our investment in our Government and Cloud Services businesses. Continued demand from our Federal Government Agencies for cybersecurity and secure cloud, including Tier 1 Agencies such as ATO, gives high confidence for future growth in the Government Business.

“Our Intellicentre 3 East data centre fit out project for a leading corporation was delivered on time and on budget, with associated revenue commencing as planned from this quarter. We will continue to reinvest profits back into our Macquarie Park Data Centre Campus, an outstanding facility that provides world class infrastructure to support the digital economy.”

Visit https://macquarietelecomgroup.com

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