Announcement • Apr 01
Aussie Broadband Limited (ASX:ABB) completed the acquisition of Nexgen Australia Group Pty Ltd from Infotrust Ltd (ASX:ITS). Aussie Broadband Limited (ASX:ABB) entered into a binding share sale and purchase agreement to acquire Nexgen Australia Group Pty Ltd from Infotrust Ltd (ASX:ITS) for AUD 50 million on February 23, 2026. The transaction includes upfront cash consideration of AUD 44.1 million and up to AUD 5.9 million of contingent consideration payable based on achieving either of Nexgen’s FY26 or FY27 on target EBITDA performance. The acquisition will be funded by cash on hand and existing currently undrawn debt facilities. Completion is subject to satisfaction of customary conditions precedent. The proceeds will be deployed in accordance with Infotrust’s capital allocation framework, lowering net debt and funding its pipeline of earnings-accretive growth opportunities aligned to its cyber first strategy. Nexgen has been an important contributor to Infotrust’s revenue and earnings as the Cloud & Communications segment, which reported FY25 revenue of AUD 44.1 million and EBITDA of AUD 7.7 million. Latimer Partners Pty Ltd acted as a financial advisor to Aussie Broadband Limited.
Aussie Broadband Limited (ASX:ABB) completed the acquisition of Nexgen Australia Group Pty Ltd from Infotrust Ltd (ASX:ITS) on March 31, 2026. Announcement • Feb 11
Aussie Broadband Limited (ASX:ABB) signed an Asset Sale Agreement to acquire Telecommunications Business and Customer Assets of AGL Energy Limited (ASX:AGL) for approximately AUD 110 million. Aussie Broadband Limited (ASX:ABB) signed an Asset Sale Agreement to acquire Telecommunications Business and Customer Assets of AGL Energy Limited (ASX:AGL) for approximately AUD 110 million on February 11, 2026. The consideration consists of 22 million common equity of Aussie Broadband Limited to be issued for Telecommunications Business and Customer Assets of AGL Energy Limited. Aussie Broadband Limited will pay an earnout payment of AUD 10 million common equity in AUD 2 million tranches, subject to meeting specified net growth hurdles. As part of consideration, AUD 109.66 million is paid towards Telecommunications Business and Customer Assets of AGL Energy Limited.
The expected completion of the transaction is June 2026. The transaction is expected to be EPS accretive. Announcement • Jan 29
Aussie Broadband Limited to Report First Half, 2026 Results on Feb 23, 2026 Aussie Broadband Limited announced that they will report first half, 2026 results on Feb 23, 2026 Announcement • Aug 18
Aussie Broadband Limited, Annual General Meeting, Oct 14, 2025 Aussie Broadband Limited, Annual General Meeting, Oct 14, 2025. Announcement • Jul 25
Aussie Broadband Limited to Report Fiscal Year 2025 Results on Aug 25, 2025 Aussie Broadband Limited announced that they will report fiscal year 2025 results on Aug 25, 2025 Announcement • Apr 04
Aussie Broadband Limited Appoints Graeme Barclay as Non-Executive Director, Effective 7 April 2025 Aussie Broadband Limited announced that Graeme Barclay will be joining the Board as a Non-Executive Director, effective 7 April 2025. Graeme is a former telecommunications infrastructure CEO and qualified chartered accountant with 40+ years experience in professional services, investment banking, broadcast and telecommunications infrastructure businesses. Within the telecommunications sector his previous roles include CEO of BAI
Communications for 11 years; Chairman of Transit Wireless LLC, the exclusive operator of cellular and wifi network infrastructure in the NYC Underground; Chairman of Nextgen Networks and Metronode Data Centres in Australia; CEO and NED of Axicom Group Limited (independent mobile tower owner and operator); and Chairman of Uniti Group Limited (ASX: UWL), owner and operator of Fibre-to-the-Premise infrastructure. As CEO or Chairman in these businesses, Graeme led strategy development and execution, organic and inorganic growth and developed management teams in each of these businesses that generated significant value for investors. Graeme is currently Chairman of Codan where he has been a director since 2015 and chairman since February 2023. Announcement • Mar 20
Vicky Papachristos to Retire as Non-Executive Director of Aussie Broadband Limited, Effective 1 April 2025 Aussie Broadband Limited announced that after almost 5 years of service, Vicky Papachristos will retie as a non-executive director effective 1 April 2025. Vicky joined the Board of Aussie Broadband prior to the IPO. Announcement • Feb 24
Aussie Broadband Limited Announces Special Dividend for the Six Months Ended December 31, 2024, Payable on March 24, 2025 Aussie Broadband Limited announced on 24 February 2025, the directors declared an special dividend of 2.4 cents per ordinary share. The dividend will be fully franked and be paid on 24 March 2025. Ex-date is March 07, 2025. Record date is March 10, 2025. Announcement • Jan 21
Aussie Broadband Limited to Report First Half, 2025 Results on Feb 24, 2025 Aussie Broadband Limited announced that they will report first half, 2025 results on Feb 24, 2025 Announcement • Jan 17
Aussie Broadband Limited Announces Management Changes The Board of Aussie Broadband Limited announced that Group Managing Director and co-founder Phillip Britt has notified the Board he intends to retire as Group Managing Director on 28 February 2025 to pursue a personal community-focused venture in the Gippsland region where he grew up and still lives. Aussie Broadband Chief Executive Officer, Brian Maher, will be appointed as Group Chief Executive Officer from 1 March 2025. Brian is an experienced executive who joined Aussie Broadband in 2019 as Chief Financial Officer and Company Secretary, before being appointed as Aussie Broadband CEO in February 2024. Phil's role as Group Managing Director will change from executive director to Non-executive Director. Phil will also assume a newly created Special Technical Adviser position providing valuable knowledge, experience and technical insight into the expanding Aussie Broadband fibre optic network and other special projects. From 1 March 2025, Phil will commence as a Non-executive Director and Special Technical Adviser. As a substantial shareholder, Phil remains committed to Aussie Broadband's future and as Special Technical Adviser to the Group he will provide specialist technical advice to the Board and Executive Leadership Teams on projects such as the ongoing Aussie Fibre roll out. In addition to his new roles at Aussie Broadband, Phil is launching a new community focused venture in the Gippsland region Rural Fibre Co. Key terms of Phil's engagement as Special Technical Adviser: 2 year engagement to provide advisory services to Aussie Broadband, commencing 1 March 2025 and terminable by either party providing 6 months' notice; Option to extend by 1 year with agreement; Annual fee of $300,000 per year adjusted annually for CPI movements, based on an average time commitment of 5 days per month. Brian Maher joined Aussie Broadband in 2019 as Chief Financial Officer (CFO) and Company Secretary and was integral to the success of Aussie's ASX listing in 2020, before being appointed as Aussie Broadband CEO in February 2024. Prior to joining Aussie, Brian has a diverse background in financial management and leadership across a range of industries in insurance, materials handling, professional services and waste management. He has been in executive and senior finance roles since 1990, having served as the CFO at Australian Health Management ("ahm"), LocalAgentFinder, the CFO and Chief Executive Officer (CEO), and Executive Manager at Suncorp Group. Brian is a Chartered Accountant and Chartered Secretary and has a deep understanding of
developing fast growth businesses and a myriad of business types, including ASX, private equity, mutual not-for-profit, and private companies. Recent Insider Transactions • Nov 17
Executive Director recently sold €462k worth of stock On the 12th of November, Michael Omeros sold around 200k shares on-market at roughly €2.31 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €692k. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Recent Insider Transactions • Nov 01
Co-founder recently sold €692k worth of stock On the 29th of October, Phillip Britt sold around 300k shares on-market at roughly €2.31 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Phillip has been a net seller over the last 12 months, reducing personal holdings by €971k. Announcement • Sep 25
Aussie Broadband Limited Announces Retirement of Richard Dammery as Non-Executive Director Aussie Broadband Limited announced that Dr. Richard Dammery will retire as a non-executive director at the conclusion of the 2024 Annual General Meeting. Richard joined the Aussie Board ahead of the Company's IPO in 2020, and has played an important role in the successful growth of the Company, and its milestone achievements in 2024 of reaching over $1 Billion revenue and market capitalisation. Announcement • Sep 23
Aussie Broadband Limited, Annual General Meeting, Oct 25, 2024 Aussie Broadband Limited, Annual General Meeting, Oct 25, 2024. Location: the offices of kpmg, tower two, collins square, 727 collins street, melbourne vic 3000, Australia Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 12x in the Telecom industry in Europe. Announcement • Sep 05
An undisclosed buyer entered into an agreement to acquire 12% stake in Superloop Limited (ASX:SLC) from Aussie Broadband Limited (ASX:ABB) for AUD 99.8 million. An undisclosed buyer entered into an agreement to acquire 12% stake in Superloop Limited (ASX:SLC) from Aussie Broadband Limited (ASX:ABB) for AUD 99.8 million on September 3, 2024. A cash consideration valued at AUD 1.66 per share will be paid for 60,122,667 shares. Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: AU$0.097 (vs AU$0.091 in FY 2023) Full year 2024 results: EPS: AU$0.097 (up from AU$0.091 in FY 2023). Revenue: AU$999.7m (up 27% from FY 2023). Net income: AU$26.4m (up 22% from FY 2023). Profit margin: 2.6% (down from 2.8% in FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Germany. New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Announcement • Jul 22
Aussie Broadband Limited to Report Fiscal Year 2024 Results on Aug 26, 2024 Aussie Broadband Limited announced that they will report fiscal year 2024 results on Aug 26, 2024 Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.71, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Telecom industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €1.65 per share. Recent Insider Transactions • May 22
MD & Executive Director recently sold €279k worth of stock On the 20th of May, Phillip Britt sold around 125k shares on-market at roughly €2.23 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Phillip has been a net seller over the last 12 months, reducing personal holdings by €2.4m. Board Change • Apr 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Richard Dammery was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
