# Firmus prepares $5B IPO raise as draft forecasts $77M loss

_Published Thursday, September 24, 2026 at 7:07 AM EDT · Infrastructure, Products · Latest · Tier 2 — Notable_

Australian data center operator Firmus is preparing to raise $5B through an initial public offering while forecasting a $77M after-tax loss for H1 FY27, Reuters reported, citing people familiar with its draft prospectus. The loss is a forecast for the current half-year, and the proposed raise has not been completed.

## Sources

- [Techmeme](https://www.techmeme.com/260924/p11#a260924p11)

---
Canonical: https://techandbusiness.org/newswire/i4cy_eYyhldxZRedQnmd8i
Published: 2026-09-24T11:07:17.801Z
Story chronology: 2026-09-24T09:15:01.000Z
Retrieved: 2026-09-24T13:04:20.475Z
Publisher: Tech & Business (techandbusiness.org)