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Mobile growth pushes strong FY25 results for Optus

News
23 May 20253 mins

EBITDA up 5.7 per cent, EBIT up 55 per cent and operating revenue up 1.4 per cent.

Credit: Stephen Rue

Optus’ mobile growth has helped it deliver a strong result for its full 2025 financial year ending 31 March, with earnings before interest, tax, depreciation and amortisation (EBITDA) up 5.7 per cent, to $2.2 billion.

Additionally, earnings before interest and tax (EBIT) were up 55 per cent, to $446 million, and operating revenue increased by 1.4 per cent, to $8.2 billion.

The mobile growth included an additional 238,000 customers, led by “healthy” prepaid growth at amaysim. Postpaid customers also increased by 52,000.

High-end mobile device sales boosted the telco’s mobile equipment revenue by 5.2 per cent, mobile service revenue increased by 4.1 per cent. blended average revenue per user (ARPU) rose 2.4 per cent year on year and overall mobile revenue increased 4.4 per cent.

In a statement, Optus CEO Stephen Rue said the results confirmed an “encouraging improved performance”.

“Optus is committed to providing real choice for telecommunications customers as we prioritise exceptional service, competitive offers and a reliable network,’’ he said.

“While we still have work to do to rebuild trust with customers as we transform our business, these results demonstrate we are on the right path and making solid progress.

“Our mobile results, led by the strong performance of amaysim, show customers are responding to our commitment to offering a range of choices that suit their everyday telco and communication needs.”

Meanwhile, the telco also saw declines in its satellite and enterprise fixed market sectors.

In the second half of the 2025 financial year, EBITDA and EBIT were up by 4 per cent and 52 per cent, respectively, due to strong mobile performance, lower depreciation and amortisation and strong cost management.

Overall mobile revenue was also up, by 4.2 per cent, for the second half from customer growth and higher ARPU.

Wholesale and enterprise and business fixed revenue however were down 5.3 per cent for the second half, which Optus said reflected lower project-based satellite revenue and declining fixed revenues.

Additionally, amaysim posted “robust” growth, following its launch of NBN products and acquisition of Australian Circles.Life customers in February.

Optus also highlighted various milestones from the last several months, which included the launch of its multi-operator core network (MOCN) arrangement with TPG and the five-year extension of its wholesale mobile contract with Aussie Broadband.