Superloop ASX Announcement: 1H17 Half Year Results

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Superloop ASX Announcement: 1H17 Half Year Results

Superloop Limited (ASX: SLC) is pleased to announce its financial results for the half-year ended 31 December 2016 (1H17), a period that saw:

• the transformative acquisition of BigAir Group Limited (“BigAir”) by Superloop, with earnings from BigAir contributing for 10 days since 21 December 2016

• Singapore network achieve EBITDA break-even before allocation of corporate overheads

• Group EBITDA break-even based on contracted revenue before Hong Kong operating costs, transaction costs and before BigAir contribution

• Initial revenue booked on the Hong Kong network following its launch in December 2016

See the full announcement "1H17 Half-Year Results Announcement" here