ASX datacentre and Bulletproof cloud see encouraging FY13 results

ASX technical services has seen 9.9 percent growth in revenue for the 2013 financial year, while Bulletproof claims revenue growth of 46 percent.
Written by Chris Duckett, Contributor

The Australian Security Exchange's (ASX) Australian Liquidity Centre (ALC), a datacentre that houses the IT equipment for the ASX as well as IT equipment for customers that want closer proximity to the exchange's trading platform, has seen 54 percent growth in the number of cabinets it houses for customers.

In the ASX's annual report, the securities exchange said that its technical services revenue grew to AU$49.8 million, up 9.9 percent, and that the number of cabinets operated by customers in its ALC grew from 76 to 117 cabinets, up 54 percent.

Technical services was the fastest growing of the ASX's business lines.

Overall, it posted a statutory net profit of AU$348.2 million, an improvement of 2.7 percent, on an operating revenue of AU$617 million that was up 1.1 percent.

Meanwhile, in the managed cloud business, Bulletproof today announced that it continued its growth streak, with its revenue growing by 46 percent in the 2013 financial year.

The company would not disclose its revenue numbers, but said that its earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 107 percent year on year, and had grown from 380 customers to around 500 customers by year's end.

During the last financial year, Bulletproof added Aldi, Universal Music Australia, and Mortgage Choice to its managed cloud stable.

"In my opinion, [these results] only start to scratch the surface of the potential that lies in services like Bulletproof's Managed AWS," said Bulletproof director of sales and marketing Mark Randall.

Randall recently joined Bulletproof after leaving his role as general manager of Rackspace Australia.

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