Macquarie Telecom is prepared to sacrifice its bottom line to maintain and build on its data centre, cybersecurity and cloud assets, with plans to spend up to $133 million on capital expenditure this financial year.

It will build on a $139 million bill in the 2021 period, which doubled the prior corresponding interval even as growing depreciation and amortisation costs weighed on the company’s after-tax profits. Net profit after tax came in 7 per cent lower at $12.5 million – the lowest Macquarie has reported in five years.