
Superloop Ltd (ASX:SLC) shares surged to a nearly nine-year high after the Australian internet provider significantly upgraded its FY25 underlying EBITDA guidance to A$91 million or more, exceeding its previous A$83-A$88 million range and marking a 67% increase from FY24. This upward revision, attributed to strong trading performance via its Infrastructure-on-Demand platform and expanding market share, drove the stock up 7.4% to A$3.2, signaling robust operational momentum and an improved profitability outlook.
Superloop Ltd (ASX:SLC) has materially upgraded its FY25 earnings outlook, signaling robust operational momentum and enhanced profitability. The company now anticipates underlying EBITDA to reach or exceed A$91 million, a notable increase from the previously guided range of A$83-A$88 million. This revised forecast represents a substantial 67% year-over-year increase from FY24, driven by strong trading performance attributed to its Infrastructure-on-Demand platform and expanding market share. The positive guidance revision triggered a significant market reaction, with SLC shares surging 7.4% to A$3.2, marking their highest point in nearly nine years. This price action underscores investor confidence in the company's growth trajectory ahead of the final audited results scheduled for release on August 20, 2025.
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strongly positive
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0.80
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