NextDC triples data centre revenue, loses $23m

NextDC has lost $22.9 million after tax for the year, as the CEO announced the completion of the construction phase for the data centre provider.

"The company now transitions into its operational phase that will help achieve its vision of becoming the most recognised, connected and trusted data centre brand in the Asia-Pacific," said NextDC chief executive Craig Scroggie.

With the opening of Perth and Sydney facilities during the 2014 financial year, NextDC now has five data centres around the country.

[Photos: NextDC's Perth data centre launch]

Although the company has no data centres in Adelaide or Hobart, Scroggie said that it now has a portfolio of "vendor-neutral data centres in all key capital cities".

Despite the net loss, data centre services revenue tripled, going to $30.4 million from $9 million last year. Total revenue was also up, now reaching $48.3 million after a 33 percent boost.

An announcement to the ASX stated that the original Brisbane data centre continued to deliver positive earnings, while Melbourne and Sydney are now break-even.

The data centre services revenue is forecast to jump even further for 2015, to a range between $51 and $55 million.

[Photos: a tour of NextDC's Sydney data centre]

"With all of NextDC's Australian data centres now built and operational, the benefits of the inherent leverage of the company's scalable infrastructure will now start to drive increasing returns," said Scroggie.

The chief executive also said that customers can look forward to new products in the coming year.

"In financial year 2015, our innovation will see the introduction of the subscription-based OneDC software-as-a-service data centre infrastructure management (DCIM) platform; a new virtual interconnection platform; FastStart online co-location ordering; and half- and quarter-rack products."

CRN reported last month that NextDC had been admitted to the federal government supply panel for data centres. Prominent resellers have also recently cited NextDC as a supplier, including Thomas Duryea and Datacom.