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.
Australian ecommerce and hosting solutions provider, eCorner, has signed a deal with Macquarie Cloud Services which it says will help it to stay competitive in the face of increasing competition from US ecommerce giants like Shopify.
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