NextDC wins $1.79m govt data centre services contract

Three-year contract with federal agency

NextDC (ASX: NXT) has signed a $1.79 million, three-year data centre contract with a federal government agency, the company announced today.

The agency has the option of extending the contract beyond its initial period.

Due to the critical and sensitive nature of the infrastructure, details of the contract including department, location and use are not being made public.

NextDC opened its Canberra data centre, C1, in 2012.

Last month NextDC announced it had won a $35 million, six-year data centre services contract with an unnamed Commonwealth agency.

NextDC revealed earlier this month that the Australian Electoral Commission (AEC) had signed a five-year contract with the data centre provider, under which its IT infrastructure will be migrated from the Tuggeranong Data Centre (TDC) to C1.

In August, NextDC reported revenue of $60.9 million for the full year ending 30 June 2015, up from FY14 revenue of $30.4 million.

Contracted recurring revenue was up from $27.9 million last year to $69.6 million. Earnings before interest, tax, depreciation and amortisation (EBITDA) was $8 million.

The company reported a net loss after tax of $10.3 million, down from 2014's $22.9 million.

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