When Will Superloop Limited (ASX:SLC) Become Profitable?
Superloop Limited (ASX:SLC) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Superloop Limited, together with its subsidiaries, operates as a telecommunications and internet service provider in Australia. The AU$1.3b market-cap company's loss lessened since it announced a AU$15m loss in the full financial year, compared to the latest trailing-twelve-month loss of AU$3.8m, as it approaches breakeven. The most pressing concern for investors is Superloop's path to profitability – when will it breakeven? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
Superloop is bordering on breakeven, according to the 7 Australian Telecom analysts. They anticipate the company to incur a final loss in 2025, before generating positive profits of AU$21m in 2026. The company is therefore projected to breakeven just over a year from today. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 53%, which is extremely buoyant. Should the business grow at a slower rate, it will become profitable at a later date than expected.
ASX:SLC Earnings Per Share Growth May 8th 2025
We're not going to go through company-specific developments for Superloop given that this is a high-level summary, but, keep in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.
View our latest analysis for Superloop
One thing we'd like to point out is that The company has managed its capital judiciously, with debt making up 12% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.
Next Steps:
There are too many aspects of Superloop to cover in one brief article, but the key fundamentals for the company can all be found in one place – Superloop's company page on Simply Wall St. We've also compiled a list of essential factors you should further research:
Valuation: What is Superloop worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Superloop is currently mispriced by the market.
Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Superloop's board and the CEO's background.
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
an hour ago
- Bloomberg
BofA's Hartnett Says Stocks Are Close to Setting Off Sell Signal
Global stocks are close to triggering a sell signal as both fund inflows and the market breadth are running too hot, says Bank of America Corp. strategist Michael Hartnett. He cited a data point that stock and high-yield bond inflows have totaled 0.9% of fund managers' overall assets in the past four weeks. In his view, investors should sell if the ratio increases to more than 1%.


Forbes
an hour ago
- Forbes
CD Rates Today: June 6, 2025 - Take Home Up To 5.02%
Today's best interest rates on CDs (certificates of deposit) are as high as 5.02%. Rates vary by term and often fluctuate, and they are expected to fall as the Federal Reserve lowers interest rates. A CD is a particular type of savings account that pays a fixed interest rate for a set period of time. The benefit is that you'll typically receive a better yield than what you could find from a high-yield savings account. The drawback is that you can't touch the money before the CD matures without paying a withdrawal penalty. For instance, you could lose an entire year's worth of interest if you withdraw funds from a five-year CD before it reaches maturity. Three-month CDs are a good option for short-term savings goals. The current average rate on a three-month CD sits at 1.3%, but the highest rate is 4.67%. The average rate is unchanged from a week ago. If you're interested in a short-term CD with high yields, consider a six-month CD. The best rate today is 4.94%. The current average APR for a six-month CD is 1.77%, about the same as last week. For a 12-month CD, one of the most popular CD terms, the highest interest rate available is 5.02%. That rate hasn't changed much since last week. The average APY, or annual percentage yield, on that CD now stands at 1.83%, unchanged from a week ago. If you can hold out for two years, 2-year CDs today are being offered at interest rates as high as 4.52%. That's the same as this time last week. The average APY for the CD is 1.66%, flat to last week's average. Today's highest rate on a three-year CD is 4.27%, so you'll want to shop around for that rate or something near it. The average APY stands at 1.58%. The highest rate available today for a five-year CD is 4.26%. The average APY is 1.59%, similar to last week. The longer the term, the higher the early withdrawal penalty. It's not unusual to lose one full year's worth of interest or more if you break open a five-year CD early. Be absolutely certain you understand the penalty before you make your investment. The best rate today on jumbo CDs is 4.94% for a 6-month term. As with non-jumbo, various term lengths are available. The average APY for the 6-month CD is currently 1.82%. Most jumbo CDs require a minimum deposit of $100,000—and some even require $250,000. However, there's no universally agreed-upon definition regarding what qualifies as a "jumbo" CD. Some banks and credit unions slap the label "jumbo" on CDs you can open with $50,000, $25,000 or even less. Related: CD Interest Rates Forecast: How Good Will They Get? CD rates are rarely the same between any two banks, so you should comparison shop when looking for a new account. You may decide to stick with your current bank because it's convenient or join a new bank to take advantage of higher rates. To find the right CD, look at the specific term you're interested in with a few different banks. Traditional, brick-and-mortar banks tend to offer lower CD rates, in general, than online banks without any branches. For example: Other top CD rates by banks include: CDs are a relatively simple savings tool: You open an account with a deposit (your principal), let your money sit for a predetermined period of months or years while you enjoy the magic of compounding interest. Many CDs (as well as share certificates offered by credit unions) require a minimum deposit (typically less than $10,000 unless it's a jumbo CD) to open your account. Some financial institutions allow you to fund an account with as little as a penny. But banks and credit unions typically won't allow you to add to your deposit once the term begins and the clock starts ticking. And they're serious about not letting you crack open your CD or share certificate too soon. Early withdrawal penalties can be so tough that they'll eat into your principal, not just take back some of your interest. If you want the best interest rate on your savings, CDs are usually your best bet, outpacing even the best high-yield savings accounts and best money market accounts. You will have to do without the money for as long as the term lasts; otherwise you'll owe an early withdrawal penalty. Even still, you may not be that impressed since potential investments, such as stocks, tend to outperform CDs over the long haul. Why settle? The issue is that stocks, and even bonds, are much more volatile than CDs. Stocks crashed nearly 20% in 2022, while bonds dropped 13%. Imagine a fifth of your savings going "poof" over the course of a year. Not a happy thought, is it? CDs and stocks perform different roles in your overall financial plan. CDs are a depot for a portion of your savings you don't need immediately, while stocks provide solid long-term returns. You don't want to risk cash you're depending on. The Federal Deposit Insurance Corp. provides you with up to $250,000 in coverage in the event the bank issuing your CD ever fails. For share certificates purchased from federal credit unions and most state-chartered credit unions, the National Credit Union Administration insures your money up to the same limit. CD rates generally fluctuate the most following the Federal Reserve's decisions to raise, lower or maintain the federal funds rate. The federal funds rate is the rate at which banks lend money to each other overnight. The Fed makes decisions about the funds rate eight times per year when the Federal Open Market Committee (FOMC) meets. Related: CD Interest Rates Forecast: How Good Will They Get? Curinos determines the average rates for certificates of deposit (CDs) by focusing on specific CDs and excluding others. Certain types, such as promotional offers, relationship-based rates, private, youth, senior, student/minor, affinity, bump-up, no-penalty, callable, variable, step-up, auto transfer, club, gifts, grandfathered, internet-only and IRA CDs are not considered in the calculation. You build a CD ladder by saving your money in multiple CDs with cascading term lengths. For instance, you might buy a one-year CD, a two-year CD, a three-year CD, a four-year CD and a five-year CD. As each of the shorter-term CDs matures, you replace it with a new five-year CD. Follow this plan and you'll have one better-yielding five-year CD maturing each year. If you're ever having a bad year, you could take some of the cash from the expiring CD and use it to pay bills instead of pouring it all into a fresh CD. Comparison shop to track down the best CD rates. Banks and credit unions compete by offering alluring yields to land your business, so shopping around is a must before you purchase any bank CD or credit union share certificate. CDs usually come with zero fees, meaning your money won't be nibbled at by the monthly maintenance fees that are typical with many savings, checking and money market accounts. You will likely be charged an early withdrawal penalty if you end your CD term early. Make sure you won't need access to your cash in the meantime.

CNN
2 hours ago
- CNN
A council proposed a Tesla factory. It got a torrent of anti-Musk abuse
When friends Neon and Zane started a campaign to stop Tesla from building a battery recycling factory on a small block in their local area, they suspected that strong views about the company's billionaire boss might help sway local opinion. But they had no idea how much, or how far, anti-Elon Musk sentiment had spread beyond the epicenter of his influence in the United States, where until recently he caused chaos in federal workplaces as the head of the Department of Government Efficiency. Neon and Zane, who asked to use aliases to avoid doxxing by Musk supporters, say the main aim of their campaign, 'Trees Not Teslas,' was to preserve about 60 trees on the site, in Tonsley, an area south of Adelaide, Australia's driest state capital. 'We're struggling for designated green spaces … and it's just an insult to try and take away the one bit that's left within the Tonsley area,' said Neon, who used to live near the site and still works in the vicinity. When the local council published the results of its community consultation on the proposal, which allows the land to be sold for redevelopment, it contained hundreds of inflammatory anti-Musk comments or outright slurs. A search showed 229 references to 'Nazi,' 'Nazism' or other, similar phrases, to give an indication of the tone. With his high profile, confrontational statements and postings on social media, Musk has become a lightning rod for people across America and around the world opposed to the policies of US President Donald Trump's administration. The Tesla CEO is now engaged in a very public bust-up with Trump, that's unfolding in real-time on rival social media platforms, watched by a global audience. Musk's former close partnership with Trump took a toll on Tesla sales. Global deliveries plunged 13% in the first three months of this year, the largest drop in its history, as backlash against Musk and growing competition took a bite out of demand for its vehicles. Of the proposed factory in Tonsley, a suburb managed by the Marion Council, one comment from the public consultation said: 'You and I both know it's getting torched every few months because of the Nazi implications. You really want that bought (sic) up every single meeting?' Some respondents referred directly to the arm gesture Musk gave in January at Trump's post-inauguration rally that commentators likened to a fascist salute. At the time, Musk wrote on his social media platform X: 'The 'everyone is Hitler' attack is sooo tired.' But the memory appeared to stick with Tonsley residents and a staggering 95% of over 900 replies to the council survey rejected its plans to prepare the land for sale. However, Marion Council passed it anyway and sent it to the state government for approval. CNN has reached out to Tesla for comment. It may seem unusual that residents in a small Australian city might have issues with Musk, given their distance from his policies and decisions. And it's especially unusual given South Australia's past positive experience with the billionaire entrepreneur. In 2017, Musk offered to build the world's most powerful battery to solve some of the state's power woes within 100 days, or it would be free. And he did. South Australia is now leading the country in terms of renewable energy and is on track to hit its target of 100% net renewables by 2027. Backed by the state government, Tesla and a local power company have created a virtual power plant fitting Powerwall battery systems on homes across the state. The idea is that all the batteries would band together to support the grid in times of high demand. However, the proposed Tesla plant in Marion would not generate any power – it would be used to recycle Tesla batteries and provide a showroom for Tesla's electric vehicles (EV), sales of which have fallen in Australia. Figures from the Electric Vehicle Council show Tesla sales nationwide nearly halved in the year to May 2025. Felipe Munoz, senior analyst at auto market research firm JATO Dynamics, says that's partly due to the wait for the Model Y. It finally arrived in Australia in May, sending Tesla sales soaring 122% last month compared with the same period a year ago. Marion Council Mayor Kris Hanna says anti-Musk sentiment had intruded on a standard council consultation, which was simply about finding a use for contaminated land 'that will probably never be a recreational space again.' The site is contaminated by trichloroethylene, known as TCE, a solvent that can cause cancer and non-Hodgkin lymphoma and is banned in the United States. 'The problem with that is, not only, for example, children playing in the dirt, but also the fumes which can rise up from underneath the earth. Sealing it with a bitumen car park or a building is a solution,' said Hanna. The site has been fenced off from the public since 2016. The locals say that, even if they can't use it, the mature trees offer a refuge for birdlife in an area almost devoid of tree canopy. More importantly, according to the Conservation Council of South Australia, the mature trees are helping to contain the contamination. 'The removal of trees puts that site at greater risk of the leakage of those contaminants into the groundwater and obviously then impacting on human health more broadly,' said Kirsty Bevan, the group's CEO, who added Tesla's promises to plant 59 saplings on the site weren't good enough. 'We are proposing that further research needs to be undertaken at that site, and remedial measures need to be put in place,' she said. 'I think that the site improvements we're looking for would come with a forest of trees.' Of the anti-Musk campaign, Bevan said: 'I don't let my personal opinions of people I've never met before interfere with being a voice for nature.' Hanna, the mayor, said councilors heard the opposition but voted 8-3 to pass the proposal because it would create 100 jobs, a 'huge number' for the area. A new business would also pay local taxes, easing the burden on residents during a cost-of-living crisis, Hanna said. 'To have a substantial new factory come into the area is very significant, and it's adjacent to a high-tech manufacturing area, which we developed in the place of an old car plant. So, it actually fits in very well to have a factory that recycles electric batteries,' Hanna said. One of the dissenting councilors, Sarah Luscombe, said she voted against the proposal because the community had sent clear and consistent feedback that they wanted more trees, and the council's own strategic vision is for a 'livable, sustainable community.' 'The people that I've spoken to in the community are just sick and tired of seeing their interests overshadowed by those of large corporations,' Luscombe said. 'More and more, we're seeing communities just saying, 'Well, hang on, I do want to have a say here, and I do want my views to be counted.'' In recent months, Tesla cars and showrooms have been vandalized in multiple countries by critics venting their anger over Musk's support of far-right parties in Europe, and other policies. Hanna said the council had received 'vitriolic correspondence' since approving the proposal, but he wasn't concerned about a violent backlash against the Tesla factory or council members and wouldn't be drawn on his own views on Musk. 'I'm speaking as a mayor, and I don't actually take any political or ideological stance,' he said. 'I just try and make life beautiful for the people in my area.' South Australian Local Government Minister Joe Szakacs told CNN in a statement that he will follow the 'usual process' to determine if the land should be approved for sale. 'Our Government welcomes investment and job creation in South Australia and is proud of its commitment to deliver 100 per cent net renewables by 2027,' he said. Any sale would require the land's owner to submit a development application and decontaminate the site to the standards set by state authorities. South Australia's Environment Protection Authority said it's held preliminary talks with the council and the developer. Addressing legacy contamination is often complex, costly and time-consuming, it added. Neon and Zane organized a snap rally outside the Marion Council building on Wednesday calling for the state government to reject the re-zoning application. More than a dozen protesters held signs, including one that said, 'Elon Musk can get [redacted].' They're determined to keep Tesla out of their area and are unmoved by the promise of more jobs. 'They're going to be jobs on contaminated land in a company that's contaminated by Elon Musk,' said Neon. 'Ninety-nine out of the 117 pages in their report were negative comments about Elon and the proposal. How can you ignore that? And if you do, you're not representing the people, you're just being bought by business.'