Telecommunications and data centre provider Macquarie Telecom has boosted revenue by 9% to $131.9 million for the half year to the end of December 2019, delivering what the company says is eleven halves of growth as it continues to invest in data centres cloud and security.
Telecommunications and data centre provider Macquarie Telecom Group is trumpeting the delivery of five successive years of profitable growth as it reports a 6% jump in 2019 full year revenue to $246.6 million from $233.6 million the previous year - but dampened by a 3% decrease in after tax net profit of $16.5 million compared to $17.0 million in 2018, due to depreciation.
Macquarie Telecom says it has achieved four successive years of strong profit growth, with its results for the full-year 2018 revealing net profit after tax was up 20% to $17 million from a profit of $14.2 million for the previous year.
Good on you Doctor CraigI hope this Aussie invention stays in Oz
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