Megaport Limited’s (ASX:MP1): Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, the Asia-Pacific, North America, and Europe. The AU$1.3b market-cap posted a loss in its most recent financial year of -AU$33.6m and a latest trailing-twelve-month loss of -AU$36.0m leading to an even wider gap between loss and breakeven. Many investors are wondering the rate at which MP1 will turn a profit, with the big question being “when will the company breakeven?” I’ve put together a brief outline of industry analyst expectations for MP1, its year of breakeven and its implied growth rate.
Consensus from the 10 IT analysts is MP1 is on the verge of breakeven. They anticipate the company to incur a