속보 • May 09
Macquarie Technology Group Joins Forces With Macquarie University On Cloud And Cyber Security Talent Macquarie Technology Group has formed a partnership with Macquarie University focused on research, technology and innovation.
The collaboration targets cloud computing, cyber security, data centre engineering and technology policy.
The partnership is designed to give students practical exposure to data centre and cloud technologies and support technology job pathways in Australia.
For you as an investor, this ties Macquarie Technology Group more closely to a talent and research pipeline in areas that sit at the core of its business: cloud, cyber security and data centres. Access to students and academic collaboration can support hiring, while also feeding into product development and operational practices in specialist infrastructure and security fields.
The focus on technology policy and broader industry–academic engagement also points to a role for the company in discussions around Australia’s digital capabilities. That can matter over time for brand positioning with enterprise and government customers, and for aligning its service offering with emerging regulatory and skills requirements in the local technology sector. New Risk • Mar 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Board Change • Dec 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director David Buckingham was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$68.66, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 7x in the IT industry in Australia. Total returns to shareholders of 17% over the past three years. 공시 • Oct 22
Macquarie Technology Group Limited, Annual General Meeting, Nov 21, 2025 Macquarie Technology Group Limited, Annual General Meeting, Nov 21, 2025. Location: at level 15, 2 market street, sydney nsw 200 Australia 공시 • Sep 19
Macquarie Technology Group Limited Appoints David Buckingham as Independent Non- Executive Director, Effective 24 September 2025 Macquarie Technology Group Limited announced that David Buckingham will join the Company's board from 24 September 2025 as an Independent Non- Executive Director. David will bring more than 30 years' experience to the company as a corporate leader in telecommunications, media and technology. He is currently a Chair and Non-Executive Director of a portfolio of small listed and private technology companies including Pentanet, Hiremii, Way2VAT and Hyprfire. He is also Chair of the Perth Wildcats and a Non-Executive Director of Football West. David Buckingham holds a Bachelor of Technology (Hons) from the Loughborough University of Technology in the UK and is a qualified ACA Chartered Accountant and a member of the Australian Institute of Company Directors. Price Target Changed • Aug 30
Price target decreased by 8.9% to AU$82.33 Down from AU$90.32, the current price target is an average from 8 analysts. New target price is 35% above last closing price of AU$61.10. Stock is down 28% over the past year. The company is forecast to post earnings per share of AU$1.11 for next year compared to AU$1.35 last year. Reported Earnings • Aug 28
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: AU$1.35 (up from AU$1.35 in FY 2024). Revenue: AU$369.6m (up 1.7% from FY 2024). Net income: AU$34.9m (up 5.6% from FY 2024). Profit margin: 9.4% (up from 9.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AU$54.57, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 20x in the IT industry in Australia. Total loss to shareholders of 22% over the past three years. New Risk • Mar 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 28
First half 2025 earnings: Revenues in line with analyst expectations First half 2025 results: Revenue: AU$183.6m (up 1.2% from 1H 2024). Net income: AU$17.9m (up 21% from 1H 2024). Profit margin: 9.7% (up from 8.2% in 1H 2024). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in Australia. New Risk • Feb 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Board Change • Jan 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-executive Director Lisa Brock was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 29
Macquarie Technology Group Limited, Annual General Meeting, Nov 29, 2024 Macquarie Technology Group Limited, Annual General Meeting, Nov 29, 2024. Location: at its offices at level 15, 2 market street sydney 2000., Australia Reported Earnings • Aug 29
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: AU$1.35 (up from AU$0.82 in FY 2023). Revenue: AU$363.3m (up 5.3% from FY 2023). Net income: AU$33.0m (up 87% from FY 2023). Profit margin: 9.1% (up from 5.1% in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 05
Price target increased by 7.1% to AU$95.99 Up from AU$89.60, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of AU$95.70. Stock is up 45% over the past year. The company is forecast to post earnings per share of AU$1.24 for next year compared to AU$0.82 last year. Price Target Changed • Apr 18
Price target increased by 10% to AU$90.07 Up from AU$81.74, the current price target is an average from 6 analysts. New target price is 12% above last closing price of AU$80.22. Stock is up 30% over the past year. The company is forecast to post earnings per share of AU$1.24 for next year compared to AU$0.82 last year. Price Target Changed • Mar 08
Price target increased by 7.9% to AU$81.74 Up from AU$75.75, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of AU$79.74. Stock is up 34% over the past year. The company is forecast to post earnings per share of AU$1.25 for next year compared to AU$0.82 last year. Reported Earnings • Feb 29
First half 2024 earnings released First half 2024 results: Revenue: AU$181.3m (up 5.1% from 1H 2023). Net income: AU$14.8m (up 73% from 1H 2023). Profit margin: 8.2% (up from 4.9% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Australia. 공시 • Oct 30
Macquarie Technology Group Limited, Annual General Meeting, Nov 30, 2023 Macquarie Technology Group Limited, Annual General Meeting, Nov 30, 2023, at 09:00 AUS Eastern Standard Time. Location: Level 15, 2 Market Street, Sydney Nsw 2000 Australia Agenda: To consider Financial Statements and Reports; to consider Remuneration Report; to consider Re-Election of director: Mr Aidan Tudehope; to consider Election of director: Ms Lisa Brock; to consider Non- Executive Directors Increase in Aggregate Fee Cap. Reported Earnings • Aug 24
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: AU$0.82 (up from AU$0.39 in FY 2022). Revenue: AU$345.1m (up 12% from FY 2022). Net income: AU$17.7m (up 109% from FY 2022). Profit margin: 5.1% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 2.0%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). 공시 • Jun 14
Macquarie Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 160.000016 million. Macquarie Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 160.000016 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,735,043
Price\Range: AUD 58.5
Discount Per Security: AUD 1.4625
Transaction Features: Subsequent Direct Listing Recent Insider Transactions • Feb 28
Independent Non-executive Director recently bought AU$63k worth of stock On the 27th of February, Lisa Brock bought around 1k shares on-market at roughly AU$57.28 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth AU$200k. Insiders have collectively bought AU$312k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 22
First half 2023 earnings released: EPS: AU$0.40 (vs AU$0.17 in 1H 2022) First half 2023 results: EPS: AU$0.40 (up from AU$0.17 in 1H 2022). Revenue: AU$172.5m (up 16% from 1H 2022). Net income: AU$8.54m (up 133% from 1H 2022). Profit margin: 4.9% (up from 2.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Australia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 21
Chairman recently bought AU$200k worth of stock On the 16th of December, Peter Richard James bought around 3k shares on-market at roughly AU$59.22 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter Richard's only on-market trade for the last 12 months. 공시 • Dec 19
Macquarie Telecom Group Limited Appoints Lisa Brock as an Independent Non-Executive Director, Effective from 31 January 2023 Macquarie Telecom Group Limited announced that Lisa Brock will join the Company's board from 31 January 2023 as an Independent Non-executive Director. Lisa will bring more than 20 years' experience to the company in business leadership, commercial strategy, corporate finance and infrastructure. She has held a number of senior executive positions at the Qantas Group and is currently a non-executive director at Adelaide Airport. She holds an Honours Degree majoring in Mathematics from the University of Birmingham, UK and a Master of Applied Finance from Macquarie University. She is a Graduate of the Australian Institute of Company Directors and a Member of the Institute of Chartered Accountants in England and Wales. Price Target Changed • Nov 16
Price target decreased to AU$66.25 Down from AU$72.22, the current price target is an average from 6 analysts. New target price is 23% above last closing price of AU$53.83. Stock is down 24% over the past year. The company is forecast to post earnings per share of AU$0.56 for next year compared to AU$0.39 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-executive Director Adelle Howse was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Oct 27
Price target decreased to AU$66.58 Down from AU$72.22, the current price target is an average from 5 analysts. New target price is 17% above last closing price of AU$56.76. Stock is down 20% over the past year. The company is forecast to post earnings per share of AU$0.56 for next year compared to AU$0.39 last year. 공시 • Oct 22
Macquarie Telecom Group Limited, Annual General Meeting, Nov 22, 2022 Macquarie Telecom Group Limited, Annual General Meeting, Nov 22, 2022, at 09:00 AUS Eastern Standard Time. Location: Level 15, 2 Market Street Sydney Australia Agenda: To consider Remuneration Report; to consider Re-election of Director - Mr. Bart Vogel; and to consider Re-election of Director - Dr. Adelle Howse. Price Target Changed • Aug 30
Price target decreased to AU$72.22 Down from AU$78.96, the current price target is an average from 4 analysts. New target price is 14% above last closing price of AU$63.35. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.59 for next year compared to AU$0.39 last year. Reported Earnings • Aug 26
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: AU$0.39 (down from AU$0.59 in FY 2021). Revenue: AU$309.3m (up 8.5% from FY 2021). Net income: AU$8.46m (down 33% from FY 2021). Profit margin: 2.7% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 15%, compared to a 9.5% growth forecast for the Telecom industry in Australia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Board Change • Jul 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-executive Director Adelle Howse was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jul 01
Macquarie Telecom Group Limited Announces Resignation of Anouk Darling as Non-Executive Director Macquarie Telecom Group Limited advised that Mrs. Anouk Darling has tendered her resignation as a non-executive director of the Company, effective 1 July 2022. Anouk is leaving to pursue other interests including a full-time executive role as CEO of Scape. Anouk was appointed as a non-executive director in March 2012 and was a member of the Audit and Risk Management Committee and Chair of the People, Remuneration and Culture Committee. Major Estimate Revision • Feb 28
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from AU$0.04 to AU$0.36. Revenue forecast steady at AU$311.8m. Net income forecast to grow 19% next year vs 51% growth forecast for Telecom industry in Australia. Consensus price target broadly unchanged at AU$83.84. Share price was steady at AU$62.74 over the past week. Reported Earnings • Feb 22
First half 2022 earnings: EPS exceeds analyst expectations First half 2022 results: EPS: AU$0.17 (down from AU$0.33 in 1H 2021). Revenue: AU$149.3m (up 4.0% from 1H 2021). Net income: AU$3.67m (down 48% from 1H 2021). Profit margin: 2.5% (down from 4.9% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 16%, compared to a 9.9% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Major Estimate Revision • Dec 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from AU$0.04 to AU$0.04 per share. Revenue forecast steady at AU$310.1m. Net income forecast to shrink 93% next year vs 27% growth forecast for Telecom industry in Australia . Consensus price target broadly unchanged at AU$83.25. Share price rose 6.3% to AU$68.05 over the past week. Recent Insider Transactions • Sep 03
Co-Founder recently sold AU$50m worth of stock On the 31st of August, David Tudehope sold around 657k shares on-market at roughly AU$75.50 per share. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Price Target Changed • Aug 26
Price target increased to AU$82.00 Up from AU$76.43, the current price target is an average from 4 analysts. New target price is 5.1% above last closing price of AU$77.99. Stock is up 71% over the past year. Reported Earnings • Aug 26
Full year 2021 earnings released: EPS AU$0.59 (vs AU$0.64 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: AU$285.1m (up 7.1% from FY 2020). Net income: AU$12.5m (down 7.4% from FY 2020). Profit margin: 4.4% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Price Target Changed • Jul 18
Price target increased to AU$62.68 Up from AU$58.32, the current price target is an average from 3 analysts. New target price is 6.7% below last closing price of AU$67.16. Stock is up 45% over the past year. Major Estimate Revision • Mar 03
Analysts update estimates The 2021 consensus earning per share (EPS) estimate was lowered from AU$0.58 to AU$0.52. Revenue estimate was approximately flat at AU$292.0m. Net income is expected to shrink by 18% next year compared to 5.8% decline forecast for the Telecom industry in Australia. The consensus price target was lowered from AU$57.64 to AU$57.39. Share price is down by 1.8% to AU$48.60 over the past week. Reported Earnings • Feb 25
First half 2021 earnings released: EPS AU$0.33 (vs AU$0.31 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: AU$143.6m (up 8.8% from 1H 2020). Net income: AU$7.04m (up 5.4% from 1H 2020). Profit margin: 4.9% (down from 5.1% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 9.8%, compared to a 22% growth forecast for the Telecom industry in Australia. Is New 90 Day High Low • Feb 20
New 90-day low: AU$48.76 The company is down 8.0% from its price of AU$52.92 on 20 November 2020. The Australian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$218 per share. Price Target Changed • Nov 24
Price target raised to AU$54.86 Up from AU$49.96, the current price target is an average from 6 analysts. The new target price is close to the current share price of AU$53.98. As of last close, the stock is up 133% over the past year. Is New 90 Day High Low • Nov 12
New 90-day high: AU$51.31 The company is up 12% from its price of AU$45.98 on 14 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.30 per share. Is New 90 Day High Low • Oct 20
New 90-day high: AU$49.16 The company is up 7.0% from its price of AU$46.00 on 22 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.30 per share. Is New 90 Day High Low • Sep 30
New 90-day high: AU$47.26 The company is up 7.0% from its price of AU$44.36 on 02 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.68 per share.