Superloop Guides FY27 Underlying EBITDA of $148m-$156m

Superloop (ASX:SLC) released a trading update for 1 July to 31 October 2026 and set FY27 Underlying EBITDA guidance of $148m to $156m, which it says represents growth of 21% to 27% on FY26 Underlying EBITDA of $122.7m.

The guidance comprises a contribution of approximately $11.0m from the Lynham acquisition, a reduction of approximately $3.8m relating to AGL, and underlying growth of $18.1m to $26.1m. FY27 capital expenditure is expected to be $58m to $62m, against $37.9m in FY26, largely due to Smart Communities capital expenditure of $16m to $18m and integration capital expenditure of approximately $4m. Group customers rose 18.5k to 31 October to 954k. Consumer added 19.3k net new customers in Q1 and 23k to 31 October, taking that base to 524.4k, through a price rise that drove higher churn in July and August. Business customers rose 2.3k to 31 October, and Smart Communities contracted 10k new lots in Q1, taking total contracted lots to 200k. Wholesale subscribers fell 6.4k in Q1 and 6.8k to 31 October, which the company attributes to seasonality. Traditional Wholesale on-net wins are expected to add more than $3.6m in annualised revenue post-migration.

Underlying EBITDA is a non-IFRS measure. The release gives no revenue or statutory profit guidance and does not state when the Traditional Wholesale migrations will occur.