Revenue for 1QFY2025 decreased by $3.0 million compared to 1QFY2024 primarily due to lower revenue from ancillary projects (non-RAB revenue).
NetLink NBN Trust has posted revenue of $100.9 million for 1QFY2025 ended June 30, 2.9% lower y-o-y. Ebitda during the quarter fell 2.4% yo-y to $73.4 million, while profit after tax fell 9.1% y-o-y to $25.7 million.
Regulated Asset Base (RAB) revenue remained stable as higher connection numbers offset the impact of lower prices for key services, which took effect from April 1.
