NEXTDC
(ASX:NXT) has reported its net profit after tax (NPAT) rose to about $23 million for the 2017 financial year, up from FY16’s $1.8 million.
In more good news for data centre and cloud computing company, its revenue strengthened over the 2017 financial year, lifting 33 per cent on FY16 to $124 million.
Its earnings before interest, tax, depreciation and amortization (EBITDA) increased 77 per cent on the prior year, to $49 million.
NEXTDC says the bolstered results came from unprecedented demand. In addition to that, the company launched three new capital data centres, will also helped increase its customers and partners.
The company did not declare a dividend for the year, nor the prior year.
Shares in NEXTDC
(ASX:NXT) closed about 0.2 per cent lower yesterday to $4.25.
