Slide 1: Full Year Results 2025
Full Year Results 2025. Superloop Limited (ASX:SLC) 20 August 2025
Slide 2: Disclaimer
Disclaimer. No reliance No offer to acquire Superloop shares To the maximum extent permitted by law, the information contained in this presentation is given The information in this presentation is not an offer or recommendation to purchase or subscribe for without any liability whatsoever being acce
Slide 3: Agenda
Agenda. 1 2 3 4 5 6 Introduction Operational Financial Segment Looking Q&A & Highlights Update Performance Update Forward: FY26 3 FY25 Results | Superloop Limited
Slide 4: FY25 Performance Highlights
FY25 Performance Highlights. Underlying Net Profit Gross Operating Customers 1 Revenue EBITDA2 Cash Flow3 After Tax 731k $546m $92.2m $1.2m $88.0m 60% 31% 70% $16m 95% Conversion Com parisons in this presentation are to FY24 unless otherwis e stated 1 Refer appendices for further details on categori
Slide 5: Strong earnings growth, Positive NPAT achieved
Strong earnings growth, Positive NPAT achieved. Customers up 275k; nbn share up 75% to 6.6%. Revenue +$130m (+31%) and Underlying EBITDA +$38m (+70%) nbn market share Consumer revenue Consumer revenue Business revenue Business revenue Wholesale Net Profit NPAT of Positive Wholesale revenue revenue u
Slide 6: Record new customer growth, driving revenue up 31%
Record new customer growth, driving revenue up 31%. Exceptional Consumer and Wholesale segment performances with customers up 275k Customers1 (000) Revenue ($m) +60% YoY +31% YoY 730.8 546.5 416.6 455.4 323.5 368.3 249.7 241.0 Jun-22 Jun-23 Jun-24 Jun-25 FY22 FY23 FY24 FY25 1 See appendices for furt
Slide 7: Net Profit After Tax realised in FY25
Net Profit After Tax realised in FY25. Clear operating leverage as Underlying EBITDA margin up 3.9%. NPAT Positive reached one year earlier than Plan, five years from commencement of turnaround Underlying EBITDA1 ($m) Net Profit After Tax ($m) EBITDA % 16.9% +70% YoY 1.2 13.0% 92.2 FY22 FY23 FY24 FY
Slide 8: Group revenue up 31% from strong market share gains
Group revenue up 31% from strong market share gains. Continued revenue momentum in Consumer (+37%) from strong volumes and ARPU expansion, Origin driving step change in Wholesale (+62%), Business showing signs of improving growth (+1%) Consumer ($m) Business ($m) Wholesale ($m) Consumer retail marke
Slide 9: Operational Update
Operational Update. FY25 Highlights Operational Update Financial Performance Segment Update Looking Forward: FY26 Appendices
Slide 10: Products enabled by our modern network and simple operating model
Products enabled by our modern network and simple operating model. Strong revenue growth driving increased utilisation across our network CONSUMER BUSINESS WHOLESALE Internet, Data & nbn Products Mobile & Voice Products: Security & Managed Services Managed Wi-Fi and On-net Fibre-to-th e-Premise Whit
Slide 11: Our Network
Our Network. Infrastructure economics underpins SAN JOSE our low-cost operating model LOS ANGELES JAPAN TO M ARSEILLE HONG KONG OMAN CAPACITY TODAY HAWAII GUAM On-net data centres / sites in Australia / worldwide including >2,400 over 1,900 on-net commercial buildings SINGAPORE > 100,000 Fibre Netwo
Slide 12: Group nbn market share increased 2.8% to 6.6%
Group nbn market share increased 2.8% to 6.6%1. Record Group nbn net adds of 250k in year to 31 March 2025. Challenger market share continuing to increase Group nbn net adds for 12 months ending 31 March 2025 1 nbn Challenger Market Share and Superloop Share 1 +250k Size of Australian nbn 6.6% broad
Slide 13: Record 275,000 new customers
Record 275,000 new customers1. Superloop Group now servicing 731,000 customers Consumer Superloop Group (000) Consumer (000) • Added 63k new customers in FY25. 26 385 67 731 37 • Price increase in May 2025 and reduced 209 marketing of Exetel in lead up to new “One Plan” 323 impacted 2H25 net adds. C
Slide 14: Focus on high-speed demand
Focus on high-speed demand. nbn changes in September 2025 increase the demand for high-speed internet Market changes 500+ Mbps Market forecast Our brands positioned for high-speed Forecast active services (m) 2 Up to 5X Speed increase 100/20Mbps upgraded to 500/50mbps FY25 0.3 25% Superloop New Orde
Slide 15: Our approach to ESG
Our approach to ESG. Integrating ESG principles across the business Maintain a solid Our ESG 1 2 3 Reduce our Use our influence foundation for Framework environmental impact for good sustainable growth Environmental Social Governance • Program in place to prepare for new • General Performance Rights
Slide 16: Financial Performance
Financial Performance. FY25 Highlights Operational Update Financial Performance Segment Update Looking Forward: FY26 Appendices
Slide 17: Continuing positive momentum across key financial metrics
Continuing positive momentum Revenue and other income across key financial metrics. Substantial growth in Wholesale and Consumer revenue. Group revenue up $129.8m (+31.2%) Change $m FY24 FY25 Change % ($m) Gross Margin Revenue 416.6 546.5 +129.8 31.2% Increased by $44.5m to $189.6m Gross Margin 145.
Slide 18: Gross margin up $44.5m to $189.6m
Gross margin up $44.5m to $189.6m. Group gross margin (%) stable at 34.7% Gross Margin growth ($m) Gross Margin bridge: FY24 v. FY25 ($m) 36.1% 189.6 34.8% 0.6 19.1 47.6 Wholesale GM 61.1% 34.7% 145.1 24.9 34.2% 28.6 47.6 42.4 Business GM 40.5% 28.6 41.8 42.4 26.4 41.8 25.5 38.0 99.6 Consumer GM 27.
Slide 19: Operating leverage continues to be demonstrated
Operating leverage continues to be demonstrated. Opex/Revenue reduction of 2.9% while adding 275,000 new customers. Operating expense by Type ($m) Opex/Revenue1 +$10.9m YoY 20.4% +11.8% YoY 19.7% 17.3% 103.0 92.1 14.4% 21.2 79.5 18.5 546.5 14.3 21.9 61.0 19.7 8.3 16.6 416.6 12.6 323.5 59.8 249.7 48.
Slide 20: Investment in capex enabling growth
Investment in capex enabling growth. Capital expenditure (cash basis) of $28.4m, at lower end of $28m -$30m guidance Capex of $28.4m in FY25 included: FY25 Capex FY25 Capex Capex/Revenue • Digital & Transformation: $6.4m invested in significant digital upgrades including: Category ($m) Capex ($m) 7.
Slide 21: Continued strong operating cash flow
Continued strong operating cash flow. Free cash flow up 93% to $56.3m. Group has strong balance sheet and funding position Gross operating cash flow of $88.0m, Strong Free Cash Flow of $56.3m, Metric FY25 up 55% YoY up 93% YoY Gross Operating Cash Flow 1 $88.0m * Full cash flow bridge included in Ap
Slide 22: Segment Update
Segment Update. FY25 Highlights Operational Update Financial Performance Segment Update Looking Forward: FY26 Appendices
Slide 23: Sustained, strong revenue growth in Consumer segment
Sustained, strong revenue growth in Consumer segment. Revenue growth of $99.1m (+37% YoY) with 63k net new customers FY25 Results Sustained strong revenue growth ($m) Consumer Customer gains (000) FY24 FY25 56 ($m) ($m) YoY (%) 29.1% 28.2% 27.4% Organic 23.5% 46 Revenue 264.6 363.7 37% MyRepublic 36
Slide 24: Wholesale revenue up 62%
Wholesale revenue up 62%. Our strategy of enabling Challenger brands has increased wholesale customers by 198k FY25 Results Strong revenue growth ($m) Record Wholesale Customer growth (000) FY24 FY25 ($m) ($m) YoY (%) 66.6% 33 238 60.1% 59.5% 61.1% 165 Revenue 48.0 77.9 62% Direct costs (19.4) (30.3
Slide 25: Business segment revenue and margin steady
Business segment revenue and margin steady. New wins and volume gains, maintaining revenue and margin position. Signs of improving market conditions Revenue growth in 2H25 indicates FY25 Results New Business logos in FY25 include: business conditions improving FY24 FY25 ($m) ($m) YoY (%) 40.2% 40.5%
Slide 26: What is Smart Communities?
What is Smart Communities? Smart Communities delivers wholesale FTTP services and WiFi solutions to different classes of new properties Products Markets Purpose Built Superloop-owned FTTP solutions for Broadacre developments Broadacre Student accommodation Fibre to the Premise communities PBSA: Supe
Slide 27: Landmark Sales Wins in Smart Communities
Landmark Sales Wins in Smart Communities. Construction book growing with 42k lots 1 in construction, build activity accelerating SALES STRONG GROWTH IN +18k (+15%) • Record contracted lots, increasing by 18k (17k FTTP) to 97k, including: CONTRACTED PREMISES • Landmark win with NSW Government for 10,
Slide 28: Smart Communities Wins in FY25 include
Smart Communities Wins in FY25 include: Prog eny Projects 28 FY25 Results | Superloop Limited
Slide 29: Looking Forward: FY26
Looking Forward: FY26. Highlights Operational Update Financial Performance Segment Update Looking Forward: FY26 Appendices
Slide 30: Exetel Brand
Creative Exetel Brand. • Unapologetically fast internet needs unapologetically bold creative • 100% App and AI-led digital App Website customer support • With a website experience that culls complexity 30 FY25 Results | Superloop Limited
Slide 31: Exetel repositioned with a disruptive value proposition
Exetel repositioned with a disruptive value proposition. “ONE PLAN” launched in July with 11k new customer activations to 18 August 2025 ONE PLAN, ONE PRICE, NO TRICKS, NO TRAPS KEY SALES METRICS Everything you need 11k +86% +241% New customers Increase in Website Increase in Digital Hibernate ONE P
Slide 32: Strong progress on Double Down strategy
“DOUBLE DOWN“ PROGRESS Strong progress on Revenue run-rate Jun-26: Double Down FY25: On Track $700m1 strategy, with Underlying EBITDA 3 run-rate Jun-26: exceptional organic FY25: On Track Mid-high teens %2 growth to date. NPATA >$0 100% NPAT positive achieved in FY25, M&A still part of Double Down s
Slide 33: FY26 focus is on achieving our Double Down strategy
FY26 focus is on achieving our Double Down strategy and driving more growth from our platform. 1 Execute on final year of Double Down strategy • Capture nbn “Accelerate Great” speed bestowal opportunity • Accelerate Business growth including Smart Communities moving to delivery phase • Remain lowest
Slide 34: Appendices
Appendices. Highlights Operational Update Financial Performance Segment Update Looking Forward: FY26 Appendices
Slide 35: Acquisition of 2,100km fibre network
Acquisition of 2,100km fibre network. Strong alignment to Smart Communities ambitions and enables progressive optimisation of network costs • Acquired for $17.5m (plus working capital adjustments) in Feb-25. • Adds substantial scale to domestic fibre network via: • 2,100km of metropolitan fibre • 80
Slide 36: Group Income Statement
Group Income Statement. $m FY24 FY25 Revenue1 416.63 546.46 Cost of Goods Sold (271.52) (356.84) GROSS MARGIN 145.11 189.62 Other Income 1.26 1.81 Origin share consideration1 - 3.68 Operating Expenses (92.10) (102.96) UNDERLYING EBITDA 54.26 92.16 Underlying EBITDA adjustments (refer following slide
Slide 37: Underlying EBITDA to Net Profit/(Loss) After Tax
Underlying EBITDA to Net Profit/(Loss) After Tax. $m FY24 FY25 UNDERLYING EBITDA 54.26 92.16 • Share Based Payments – Employees of $4.9m. Increase driven by higher employee numbers and increase in share price (which Share Based Payments - Employees (2.03) (4.88) has a consequential increase in the v
Slide 38: Half-Year Gross Margin – Segment Breakdown
Half-Year Gross Margin – Segment Breakdown. $m 1H23 2H23 1H24 2H24 1H25 2H25 Revenue Consumer 77.91 101.92 118.87 145.69 170.33 193.37 Business 48.15 51.63 52.60 51.44 52.19 52.67 Wholesale 21.80 22.11 22.97 25.06 34.99 42.93 TOTAL REVENUE 147.86 175.67 194.43 222.20 257.50 288.97 Cost of Goods Sold
Slide 39: Cash flow
Cash flow. $m FY24 FY25 Change Change % Gross operating cash flow1 56.64 87.97 31.33 55.3% Transaction costs (2.95) (7.24) (4.29) 145.4% Taxes paid (3.77) (0.03) 3.74 (99.3%) Cash inflow from operating activities 49.92 80.70 30.78 61.7% Capex (24.97) (28.45) (3.47) 13.9% Investing cash flows on M&A
Slide 40: Underlying EBITDA to net cash movement
Underlying EBITDA to net cash movement. 92.2 (4.2) 88.0 (28.4) (7.3) 4.1 56.3 (17.7) (2.7) (6.3) (3.7) (3.0) 22.9 Underlying Gross OpCF Gross Capex Transaction Other Free Cash Uecomm VostroNet Lease Other finance Repayment Net EBITDA 1 Conversion Operating costs Investing Flow acquisition earn-out p
Slide 41: Balance Sheet
Balance Sheet. $m 30 June 24 30 June 25 Cash & Cash Equivalents 51.56 74.46 Trade and Other Receivables 32.39 50.32 Other Current Assets 19.32 23.14 Property, Plant & Equipment 123.96 135.21 Rights and Licences 59.42 49.13 Other Intangible Assets 66.23 50.70 Goodwill From Acquisitions 166.80 167.28
Slide 42: Customer number definition
Consumer Unique customers on various access technologies such as nbn , Superloop Fixed Wireless and mobile. A single customer with multiple services (such as broadband, VoIP and mobile) only counts as a single customer. Business Unique end business locations on various access technologies such as Su
Slide 43: Thank you
Thank you. Superloop Limited investor@superloop.com https://investors.superloop.com