Megaport Ltd
Megaport Limited is an Australia-based Network as a Service (NaaS) provider.
The business
Megaport Limited is an Australia-based Network as a Service (NaaS) provider. The Company’s principal activity is the provisioning of on-demand interconnection services. Its global Software Defined Network (SDN) helps businesses connect their digital assets and infrastructure to network services via an easy-to-use portal or open Application Programming Interface (API). The Company offers agile networking capabilities. Its products include Megaport Internet Port, Virtual Cross Connect (VXC), Megaport Virtual Edge, Megaport Firewall as a Service Hosting (FWaaS), NAT Gateway, Megaport Cloud Router (MCR), Megaport Market Place and MegaIX. Port is a high-speed ethernet interface acting as a network-to-network interface between a user and the Megaport network. MCR is a managed virtual router service. VXCs are Layer 2 Ethernet connections provisioned for around 60 seconds to any of the endpoints on the Megaport network.
Small Caps Research
No research on Megaport Ltd yet
We cover the ASX small-cap market one company at a time. Request coverage and we’ll prioritise MP1 based on demand.
Share price
Market Statistics
Valuation
Trading Activity
Performance
Latest news
Weekly Wrap: Thursday bank selling left ASX 200 lower for the week
The ASX 200 fell 0.58% for the week after Thursday's bank-led sell-off reached every sector. The Small Ordinaries lost 1.39%.
Megaport reports strong revenue growth, expands product offering
Global connectivity specialist Megaport (ASX: MP1) is well-placed to expand on a number of new product offerings and sales strategies after reporting strong revenue growth for the December 2023 quarter. The company’s total revenue for the quarter jumped 5% to $48.6 million, up $2.1m on the previous period. Despite being negatively impacted by significant foreign […]
Megaport upgrades earnings guidance for FY23
Cloud connectivity provider Megaport (ASX: MP1) has announced an upgrade to its earnings data for the 2023 financial year as a result of continued operational improvements. The company has forecast a normalised earnings before interest, taxation, depreciation and amortisation (EBITDA) calculation of up to $21 million, compared to the previous guidance of up to $18m. […]
Blackmores greenlights $1.8b Kirin takeover, Kogan remains profitable as sales soften and Megaport reveals higher EBITDA guidance
Shares in Australia’s largest health supplement group Blackmores (ASX: BKL) surged this week after it revealed Japan’s Kirin had made a $1.8 billion offer. Blackmore’s board and major shareholder Marcus Blackmore have given the acquisition the green-light. Mr Blackmore had an 18% stake in the company his father founded, and sold his holding to Kirin […]
Looking for charts & signals? See the tab.
Unlock the full research library - free.
Create a free account to access every broker report, CEO interview, IPO alert, and daily market wrap. No credit card. No paywall.