DigiCo Infrastructure REIT (DGT), an ASX-listed owner, operator and developer of data centres, has released its FY25 results to market, revealing an annualised underlying EBITDA of $99m, ahead of Prospectus and PDS guidance.
Revenue for the period was $105.2m, with colocation accounting for 57% of revenue.
The company has $740m of available liquidity comprising existing cash ($425m) and undrawn capex facilities ($315m), providing what the company says is "significant capacity for growth".
In August 2025, the company's SYD1 data centre was granted ‘Certified Strategic’ data centre status under the Australian Government Hosting Certification Framework (HCF), the highest level of certification under the Australian Government HCF process.
DGT now has a national footprint of HCF-certified sites across both NSW and QLD, with ADL1 underway and expected by Q2 FY26.
DGT said that its Australian pipeline and demand has exceeded expectations since acquisition, with requirements for contract sizes of 5–10MW+ deployments in the Neocloud and AI/HPC space.
The size and scale of these individual pipeline opportunities has required modification of SYD1's Densification & Optimisation (“D&O”) program to accommodate larger scale deployments and increased liquid cooling capacity
~75% of the 88MW capacity as part of the D&O project will be brand new, high-density saleable capacity, with 9MW of liquid cooled capacity on track for delivery in early Q4 FY26.
Operational highlights identified by DGT in its FY25 results include 2.6MW of renewals for key customers at a 8.2% average premium to passing.
Across its portfolio of 13 properties across both Australia and the USA, the company now has Billing IT Capacity of 53MW, Contracted IT Capacity of 65MW and Installed IT Capacity of 76MW, with Future Expansion IT Capacity of up to 156MW and Planned IT Capacity of up to 232MW.
In Australia, these numbers break down to Billing IT Capacity of 21MW, Contracted IT Capacity of 21MW, Installed IT Capacity of 32MW, Future Expansion IT Capacity of up to 90MW and Planned IT Capacity of up to 122MW.
DGT said the Australian business is now "well positioned" to secure the significant customer demand in the sector following the SYD1 HCF certification and the 9MW expansion works in SYD1 which are underway.
"DigiCo.is targeting to have Contracted IT Capacity of 27MW [in Australia] by June 2026, which would represent 30% growth from June 2025 across the Australian business," the company said.
The company said FY26 EBITDA growth will ultimately be dependent on the timing of new contract commencements, renewals and remixing of existing capacity in the Australian business
Growth capex in FY26 expected to be in the range of $100 – 120m, primarily driven by completion of the SYD1 9MW expansion project and continued progression of the 88MW D&O project
The company also announced that Chris Maher has been appointed CEO as the organisation shifts from integration towards accelerated growth and development.
Damon Reid, who formerly served as CEO, has transitioned into the role of COO to focus on operational execution and delivery across the Australian portfolio.
Maher said FY25 has been a pivotal year for DigiCo, delivering strong financial performance, achieving key strategic milestones, and positioning the business for growth.
"The granting of ‘Certified Strategic’ status for SYD1 under the Australian Government Hosting Certification Framework marks a significant achievement, reinforcing our role as a cornerstone of Australia’s sovereign digital infrastructure," he said.
"This certification not only strengthens our competitive position but also opens substantial new growth opportunities with federal government and enterprise customers in highly regulated sectors."
"Our sales pipeline has materially exceeded expectations at the time of acquisition, supported by surging demand in AI, hyperscale cloud, and enterprise segments. The commencement of the SYD1 9MW expansion, alongside progress in major developments such as Los Angeles and Chicago, ensures we are well positioned to meet this demand."
Maher said these projects are designed to deliver high-quality, high-density capacity that support customers’ most advanced workloads, including AI and high-performance computing.
"We have also invested in strengthening our operating platform, making senior industry hires across sales, commercial, and asset management," he said.
"These appointments bring deep sector experience, enhance our execution capabilities, and broaden our relationships across hyperscale, enterprise, and government customer segments.
"The combination of experienced leadership, a highly connected asset base, and a diversified development pipeline provides a strong platform for sustainable long-term growth."
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