Australian data centre operator, NextDC, has posted a loss in net profits after tax of A$3.26 million for the six months to 31 December 2011, attributable to start-up costs of its first data in Brisbane which went live in October. In a statement to the ASX, the company noted the loss was reflective of the start-up nature of the business, which was founded in May 2010, and early stage revenue growth.

The data centre operator posted increased revenues of A$2.2 million for the half year ending 31 December, a 939% increase from the A$214,534 in previous period.

Source: Computerworld

Here for full article