- NetLink Trust’s revenue and cash flows are resilient and well supported by a stable business model. We see NetLink Trust as a bigger beneficiary as and when the interest rate cycle turns.
- - Read this at SGinvestors.io -
FY25 NPAT misses but on the surface.
- NetLink Trust's FY25 earnings declined 6% y-o-y and are 6% below the Street. Revenue and EBITDA also declined 1% y-o-y and missed Street expectations by 2%. However, we note that higher-margin RAB revenue is stabilizing as rising connections offset the regulatory price cut, which came into effect in Apr’24.
- - Read this at SGinvestors.io -
Operating metrics – stability or growth.
- Read more at SGinvestors.io.
