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NXT: Building their way to Profitability

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Listing on the ASX in December 2010, NEXTDC (ASX:NXT) has built itself into an ASX top 100 company and is Australia’s number 1 and only independent data centre provider. They operate a nationwide network of 13 datacentres with 6 located in NSW, 3 in VIC and 2 each in QLD and WA. With plans to expand further at home, in Asia Pacific, New Zealand, Malaysia, and Japan. Sources: NXT Entitlement Offer Presentation 11th April 2024 NXT’s business model comprises of designing, building, running, and expanding state of the art data centres and then offering the data centre storage and capabilities to Global Public Cloud Providers, Large IT Service Providers, Technology Advisory Firms, Telco’s, and Specialist Cloud and Managed Service Providers. NXT derives its revenues from numerous product sources such as white space (including power recharge), rack ready services, establishment service fees and add-on services. Their client list contains some of the biggest names in IT and among other names comprises of Microsoft, Amazon, Google, IBM, Alibaba, NEC, Data#3, Accenture, Deloitte, Optus, Telstra, TPG, Vocus, Aussie Broadband, Starlink, and…


Source: https://www.stockopedia.com/content/nxt-building-their-way-to-profitability-1000151/



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