Slide 1: FY22 Half-Year Results
FY22 HALF-YEAR RESULTS 24 February 2022
Slide 2: 1H22 Highlights
1H22 HIGHLIGHTS DATA CENTRE UNDERLYING CONTRACTED INTER- SERVICES REVENUE EBITDA 1 UTILISATION 2 CONNECTIONS 3 $144.5m $85.0m 81.0MW 15,879 19% 29% 14% 14% Note: All percentage increases are expressed relative to the 1H21 results: 1. Refer page 30 for underlying adjustments 2. Represents pro-forma 1
Slide 3: 1H22 Highlights
1H22 HIGHLIGHTS ▪ Data centre services revenue increased $22.9m (19%) to $144.5m ▪ Contracted utilisation increased 10.0MW (14%) to 81.0MW 1 providing enhanced visibility on forecast revenue and earnings SOLID REVENUE GROWTH ▪ Interconnections2 increased 1,968 (14%) to 15,879, representing 7.3% of r
Slide 4: Agenda
AGENDA ▪ 1H22 Financial Results ▪ 1H22 Business Performance ▪ 1H22 ESG & WHS Highlights ▪ FY22 Guidance ▪ 1H22 Appendices NEXTDC © Copyright 2022 | 1H22 Results Presentation 4
Slide 5: 1H22 Financial Results
1H22 FINANCIAL RESULTS NEXTDC © Copyright 2022 | 1H22 Results Presentation 5
Slide 6: 1H22 Profit and Loss Summary
1H22 PROFIT AND LOSS SUMMARY 1H22 1H214 Change Change Data centre services Underlying Note ($m) ($m) ($m) (%) REVENUE EBITDA1 Data centre services revenue 19% 29% 144.5 121.6 22.9 18.8 Direct costs (power and consumables) 22.7 23.3 (0.6) (2.7) Facility costs (property costs, ▪ Energy consumption i
Slide 7: Solid Revenue and EBITDA Growth
SOLID REVENUE AND EBITDA GROWTH Data centre services revenue1 Underlying EBITDA1,2 Project revenue Underlying $85.0m Recurring revenue $144.5m EBITDA $121.6m $124.4m 68.8 $68.8m 65.7 $65.7m $105.4m $95.4m $53.7m $50.9m $84.1m $85.6m $79.6m $42.9m $42.2m $29.0m 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22
Slide 8: Revenue per Unit Metrics
REVENUE PER UNIT METRICS Annualised revenue per square metre1 ($) Annualised revenue per MW 2 ($m) 10,765 10,816 10,772 4.54 4.56 10,482 10,484 10,669 4.40 4.43 4.38 10,133 4.31 9,973 4.04 3.78 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 1.Revenue reflects data ce
Slide 9: Well Capitalised for Growth
WELL CAPITALISED FOR GROWTH Dec 2021 Jun 2021 $287.4m $284.3m Cash Flows Balance Sheet Summary ($m) Cash and cash equivalents 725 652 $69.5m $724.9m Property (land and buildings)1 1,185 997 $652.3m Plant and equipment 777 785 Other assets 222 210 Total assets 2,909 2,644 Borrowings2 1,054 783 Other
Slide 10: 1H22 Business Performance
1H22 BUSINESS PERFORMANCE NEXTDC © Copyright 2022 | 1H22 Results Presentation 10
Slide 11: Strong Growth in Customers and Interconnections
STRONG GROWTH IN CUSTOMERS AND INTERCONNECTIONS Number of customers1 Number of interconnections2 15,879 1,569 1,507 14,718 1,425 13,911 1,324 13,051 1,225 12,012 1,145 10,972 1,051 9,982 933 8,671 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 ▪ Strong ongoing growth
Slide 12: Diversified Recurring Revenue Model
DIVERSIFIED RECURRING REVENUE MODEL 4% Customers by industry1,2 6% Enterprise Government Utilisation by density1,3 8% Connectivity Financial Services 26% > 6kW 39% System Integrators Digital Media 4kW to 6kW 12% Cloud 49% < 4kW 14% Cloud, Systems Integrators and Connectivity 24% Customer power requi
Slide 13: Utilisation
UTILISATION Installed capacity1 vs contracted utilisation2 Billing vs contracted utilisation2 ▪ 82% of installed capacity was contracted ▪ Contracted utilisation up 10MW (14%) to 81MW since 1H214 ▪ 3.2MW of additional capacity added in 6 months since 30 June 2021 ▪ Billing utilisation up 25% since 1
Slide 14: Facilities Capacity and Contracted Utilisation
FACILITIES CAPACITY AND CONTRACTED UTILISATION Contracted utilisation ▪ NEXTDC’s expansion potential continues to grow, with 200 Future build total planned capacity of over 400MW 1, before S4, new Build in progress regions in Darwin and Adelaide as well as future planned Edge locations 150 Built MW
Slide 15: 1H22 ESG & WHS Highlights
1H22 ESG & WHS HIGHLIGHTS NEXTDC © Copyright 2022 | 1H22 Results Presentation 15
Slide 16: 1H22 ESG Highlights
1H22 ESG HIGHLIGHTS ▪ Industry-leading Power Usage Effectiveness metrics; national portfolio average of 1.40 with spot PUE as low as 1.15 Energy ▪ All facilities certified to ISO14001 standard for Environmental Management Systems (excluding recently acquired SC1) Efficiency ▪ Continuous tuning of Me
Slide 17: 1H22 WHS Highlights
1H22 WHS HIGHLIGHTS ▪ Safety First corporate goal of zero injuries in the workplace ▪ Safety content improvement within ESG and Annual Reports, providing greater transparency of safety performance ▪ Lessons Learnt Program continued, allowing NXT to share incident and near miss learnings between supp
Slide 18: FY22 Guidance
FY22 GUIDANCE NEXTDC © Copyright 2022 | 1H22 Results Presentation 18
Slide 19: FY22 Upgraded Guidance
FY22 UPGRADED GUIDANCE Data centre services revenue guidance of $290m to $295m (upgraded from $285m to $295m) ▪ Strong growth in recurring data centre services revenue, underpinned by long-term customer contracts SOLID REVENUE ▪ Power recharge revenues move in line with power savings and improvement
Slide 20: 1H22 Appendices
1H22 APPENDICES NEXTDC © Copyright 2022 | 1H22 Results Presentation 20
Slide 21: 1H22 Major Development Projects
1H22 MAJOR DEVELOPMENT PROJECTS NEXTDC © Copyright 2022 | 1H22 Results Presentation 21
Slide 22: M2 Melbourne
M2 MELBOURNE TECHNICAL SPECIFICATIONS Technical Space 17,500sqm Target IT capacity 60MW Built capacity 22MW Target PUE 1.101 / 1.282 Design and construction UI Tier IV Design certifications UI Tier IV Constructed Facility UI Tier IV Gold for Operational Sustainability Status Operational ▪ Planned in
Slide 23: M3 Melbourne
M3 MELBOURNE TECHNICAL SPECIFICATIONS Land area ~100,000sqm Target IT capacity 150MW Initial capacity 13.5MW Target PUE 1.091 / 1.252 Target design and UI Tier IV Design construction standard UI Tier IV Constructed Facility UI Tier IV Gold for Operational Sustainability Practical completion 1H23 ▪ P
Slide 24: S3 Sydney
S3 SYDNEY TECHNICAL SPECIFICATIONS Technical Space 20,000sqm+ Target IT capacity 80MW Initial capacity 12MW Target PUE 1.151 / 1.292 Target design and UI Tier IV Design construction standard UI Tier IV Constructed Facility UI Tier IV Gold for Operational Sustainability Practical completion 2H22 ▪ Se
Slide 25: S4 Sydney
S4 SYDNEY TECHNICAL SPECIFICATIONS Land area ~124,000sqm Target IT capacity ~300MW Development FY25+ commencement ▪ S1, S2, S3 and S4 Sydney metropolitan campus will be interconnected via Data Centre Interconnect and AXON ▪ S4 will provide data centre services to Hyperscale Cloud Providers in a new
Slide 26: SC1 Sunshine Coast
SCI SUNSHINE COAST TECHNICAL SPECIFICATIONS Land area ~1,200sqm Target IT capacity 1MW+ Built capacity 0.2MW Status Operational ▪ Strategically located in proximity to critical telecommunications infrastructure, SC1 hosts the Sunshine Coast International Broadband Network (“SCIBN”) Cable Landing Sta
Slide 27: D1 Darwin
D1 DARWIN TECHNICAL SPECIFICATIONS Land area ~4,000 sqm Target technical space ~3,000sqm Target IT capacity 7MW+ Development FY23 commencement ▪ First purpose built commercial data centre in the Northern Territory ▪ D1 will provide data centre services to Enterprise, Government, and network carriers
Slide 28: A1 Adelaide
A1 ADELAIDE TECHNICAL SPECIFICATIONS Land area ~1,570 sqm Target IT capacity 10 MW Development CY22 commencement ▪ A1 will provide data centre services to Enterprise and Government customers within the Adelaide region ▪ It will also house customers’ mission critical operation centres, business conti
Slide 29: National DC Network
NATIONAL DC NETWORK NEXTDC © Copyright 2022 | 1H22 Results Presentation 29
Slide 30: Underlying EBITDA Reconciliation
UNDERLYING EBITDA RECONCILIATION 1H22 1H211 ($m) ($m) Net profit / (loss) after tax 10.3 (17.8) Add: finance costs 21.6 40.3 Less: interest income (0.6) (2.8) Add: depreciation and amortisation 51.1 45.1 EBITDA 82.4 64.7 Add: expensed SaaS costs previously capitalised 1.4 0.5 Add: Asian market revie
Slide 31: 1H22 Case Studies
1H22 CASE STUDIES NEXTDC © Copyright 2022 | 1H22 Results Presentation 31
Slide 32: Case Study: M1 Melbourne
CASE STUDY: M1 MELBOURNE Facility EBITDA1 ($m) 1H14 2H14 1H15 2H15 1H16 2H16 1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 25 100% Billing utilisation Highlights 20 Facility EBITDA 80% ▪ NEXTDC’s second facility, commenced operations in September 2012 15 60% ▪ Break-even reached after 11 mo
Slide 33: Case Study: S1 Sydney
CASE STUDY: S1 SYDNEY Facility EBITDA1 ($m) 1H14 2H14 1H15 2H15 1H16 2H16 1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 25 100% Billing utilisation Highlights 20 Facility EBITDA 80% ▪ NEXTDC’s fourth facility commenced operations in September 2013 15 60% ▪ Break-even reached after 7 months
Slide 34: NEXTDC Investor Relations
NEXTDC INVESTOR RELATIONS investorrelations@nextdc.com 13 63 98 linkedin.com/company/nextdc twitter.com/nextdc facebook.com/datacentres youtube.com/user/nextdatacentre www.nextdc.com/blog NEXTDC © Copyright 2022 | 1H22 Results Presentation 34