NextDC (ASX:NXT) releases its FY23 financial performance results, showcasing a revenue increase of 25% to AU$362.4 million, and an underlying EBITDA increase of 15% to A$193.7 million.

The company's operating cash flow increased 8% to AU$126.5 million, and its capital expenditure increased 14% to AU$690.4 million.

NextDC also reported a liquidity of AU$2.3 billion as of 30 June 2023.

Moreover, the capital expenditure for FY24 is expected between AU$850 million to AU$900 million due to the planned expansions at various facilities.