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Macquarie Technology Group Limited (ASX:MAQ)

ALERT: Price-sensitive ASX Announcement for MAQ
Current share price for MAQ : $53.840 -6.71 (-11.08%)+
Release
26 Aug 2026 6:04PM
Price at Release
$60.550
Full Release
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Summary
Macquarie Technology Group Limited reported its Full Year Results for 2026, showcasing a revenue of $390 million, marking a 6% increase from the previous year, while EBITDA achieved a modest growth of 2% to reach $115.9 million. However, earnings per share decreased by 8% to 124.6 cents. The company's financial performance was bolstered by a 42% customer base from Australian Government agencies, solidifying its position in cloud services, data centres, and cyber security. The construction of the IC3 SuperWest data centre is progressing on schedule and budget, with its first phase expected to contribute to revenue in the second half of FY27. The group secured significant investment from the Commonwealth Government's National Reconstruction Fund, enhancing its balance sheet and supporting growth initiatives. Despite facing increased depreciation costs due to investments, operating cash flow remained robust at $94.6 million, maintaining a 108% cash conversion rate.
Key Points
  • Revenue for 2026: $390 million, up 6% from 2025
  • EBITDA for 2026: $115.9 million, up 2% from 2025
  • EPS decreased by 8% to 124.6 cents
  • 42% of Australian Government agencies are customers
  • IC3 SuperWest data centre construction on track
  • Significant investment from the Commonwealth Government's National Reconstruction Fund
  • Operating cash flow remained strong at $94.6 million with a 108% cash conversion rate
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.