Category: ASX:MP1

ASX:MP1

Megaport (MP1) posts a positive EBITDA for the first time, shares pop higher

MP1 +23.03%: the network connectivity business was out with their 4th quarter update today with the company’s performance bouncing back after a slow start to the year.

ASX:MP1 10/08/2021

Megaport (MP1) shares rally on FY21, where to next?

MP1 +3.11%: The Network as a Service (NaaS) provider had pre-reported top-line metrics however the details of the result was positive.

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Latest Reports

Weekend report 05/07/2025

Weekend Q&A: The ASX200 closes above 8600 for the first time

The ASX200 advanced another 1% last week, closing above the psychological 8600 level for the first time. The healthcare, real estate, and materials sectors all closed up around 3%, while the financial sector was the weakest over the five days, closing down 0.7%. For the market to extend the recent gains, it will need to shrug off high valuations and lack of earnings growth, although, as we saw last week, the resources stocks can do some of the heavy lifting after experiencing a tough 18 months.

Afternoon report 04/07/2025

The Match Out: ASX up ~1% for FY26, Resources find some love

A quiet end to a solid week for stocks, chalking up a positive move to kick off FY26. The FY25 trend of buying certainty at any price has taken a (slight) knock, with sectors and stocks representing better value attracting more flows this week.