Performance

FY24 Highlights

as at 30 June 2024

 

FY24 Full Year Investor Presentation 22 August 2024 – Download PDF

$204M

Annual Recurring Revenue 1

30,000+

Total Number of Services 2

930+

Enabled Data Centers

2,600+

Customer Logos

1. Annual Recurring Revenue (ARR) in A$ is the recurring revenue expected over a 12 month period, calculated as Monthly Recurring Revenue for the last month of the period x 12, and excludes any non-recurring or one-off revenue.

2. Total Services comprise of Ports, Virtual Cross Connects (VXCs), Megaport Cloud Router (MCR), Megaport Virtual Edge (MVE), and Internet Exchange (IX).

Leadership & Governance

Melinda Snowden

Melinda Snowden

Chair & Non-Executive Director

Melinda has 30 years of experience in finance and has been a professional non-executive director since 2010 in a broad range of industries.

Melinda is currently a Non-Executive Director and Chair of the Audit and Risk Committee of ASX listed company Temple & Webster.

Melinda has held previous non-executive director roles at WAM Leaders, Newmark Property REIT, Best and Less Holdings, MLC, Vita Group, Mercer Investments (Australia), Sandon Capital Investments, Our Ark Mutual, and Kennards Self Storage. Prior to her non-executive career, Melinda held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs, and was a solicitor in the corporate division of Herbert Smith Freehills.

Melinda holds a Bachelor of Economics and Laws from the University of Sydney and is a graduate member of the Australian Institute of Company Directors.

Michael Reid

Michael Reid

Chief Executive Officer & Board Director

Michael joins Megaport from Cisco, where he led the pure SaaS Network Visibility Business, ThousandEyes, as Chief Revenue Officer. In that time, he transformed the go-to-market, scaling the team from 150 to nearly 400, expanding into many new countries, and growing the ARR by 2.4 times, making it the largest Cloud, SaaS, and Internet Visibility platform in the world.

Previously Michael spearheaded multiple acquisitions as the WW Head of Sales residing in California, US. Michael is known for his passionate and transformative Sales and Global go-to-market leadership focusing on Culture, People, and Execution. He previously led the Northern Region of Australia for Cisco and, prior to that, led Cisco Sales in Australia’s largest Financial Services customers. He brings over 19 years of industry expertise and experience to Megaport.

Michael holds a Degree in Aerospace Engineering from QUT and was CEO Magazine Sales Executive of the Year 2019.

Jay Adelson

Jay Adelson

Non-Executive Director

Jay Adelson has over 30 years of experience in technology and internet businesses globally. Jay co-founded Equinix (NASDAQ:EQIX) in 1998, and was responsible for the original and sustaining business model that grew it into one of the largest data centre companies in the world.

Jay also was instrumental in the establishment and operation of the original Palo Alto Internet Exchange for Digital Equipment Corporation in 1996.

In 2005, he founded the first internet television network, Revision3, which was acquired by Discovery Communications in 2012.

As CEO of Digg, Jay launched and grew the internet media company to tens of millions of users, and billions of impressions, a month.

Jay has also founded and served as CEO for other successful companies across the technology and internet infrastructure spaces.

Michael Klayko

Michael Klayko

Non-Executive Director

Michael Klayko has over 40 years of experience in the data storage, computer, technology, and telecommunications industries. During his tenure as CEO of Brocade, he grew the company revenues from less than US$500 million to over US$2.2 billion.

Additionally, he has held leadership and Executive positions at leading technology companies including Rhapsody Networks, McDATA Corporation, EMC Corporation, Hewlett Packard, and IBM.

Michael brings a comprehensive understanding of the technology and network solutions industry coupled with extensive experience as a director of other publicly listed technology companies.

He is an Operating Executive at Marlin Equity Partners, a global investment firm. Currently Michael serves as the Chairman of Star Compliance, Executive Chairman of Baxter Planning and is a board member of Process Unity and CE Broker.

Glo Gordon

Glo Gordon

Non-Executive Director

Glo has more than 20 years of experience as a senior global executive in business operations strategy and sales at large technology companies including Cisco, Oracle, SAP, and Xerox.

She is currently CEO and board member of Matrixx, a leading 5G digital commerce company in Silicon Valley.

At Cisco, as Vice President and General Manager, IoT, Sales and Marketing, Ms Gordon held P&L responsibility for growth and margin for Cisco’s US$1 billion plus IoT business unit.

As Group Vice President, Worldwide, at Oracle Corporation, she was head of global BSS/OSS applications sales, contributing double digit growth in recurring revenue for Oracle’s Communications Business Unit for Telcos and Enterprise.

More recently, Glo was Chief Revenue Officer at Uptake, an emerging leader in artificial intelligence, machine learning, and predictive analysis.

Celia Pheasant

Celia Pheasant

Company Secretary

Celia Pheasant is an experienced in-house information and communications technology lawyer with more than 25 years of legal experience.

Celia served in as company secretary for Megaport between 2015 and September 2022, and was reappointed to the role in March 2023. Celia is responsible for the corporate governance of its subsidiaries in over 20 countries globally.

She is also General Counsel for Soda, a leading hub for innovation, incubation, and investment in Australian digital infrastructure and technology businesses.

She commenced her career as a solicitor in the telecommunications division at Herbert Smith Freehills before continuing with in-house counsel roles with Hutchison Whampoa and AAPT.

Celia holds a Bachelor of Laws and Bachelor of Arts (Jurisprudence) from the University of Adelaide and a Master of Law and Management from the University of New South Wales.

Get in touch

Contacting Megaport

Megaport

Level 3 825 Ann St,
Fortitude Valley QLD 4006
Australia

Investor Relations
Email: investor@megaport.com

Share Registry

Computershare Investor Services Pty Limited
Level 1 200 Mary Street, Brisbane QLD 4000
Australia

Phone: 1300 850 505
International Callers: +61 3 9415 4000
Facsimile: +61 3 9473 2500
Website: computershare.com

Get in touch

Stay Informed

Interested in Megaport? Stay informed with ASX Updates & Announcements.

By clicking on the submit button, you consent to receive communications from Megaport in relation to our products and services. Your personal data will be processed in accordance with our Collection Statement and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.