Fibrus has reported revenues of £29.5 for the year ending March 2025, a growth of 67% year on year driven by customer base increasing by 45% to 113K across its footprint.
Its total number of connectable premises grew by 70K, totalling 407K at year end, which has since risen to over 440K today. This puts the altnet’s take up at 28%.
Fibrus’ ARPU was up 8% year on year to £25.89, as more customers moved from introductory discounts and EBITDA Improved by £13m year on year. The company became EBITDA positive from March 2025.
Its capital spend dropped 25% to £115m as the company completed its Northern Ireland build, offset by expansion in Cumbria.
Colin Hutchinson, Group MD and CFO said: “Northern Ireland is now fully connected, Cumbria is charging ahead, and with our funding secured, we’re ready to keep pushing into new areas and drive forward our ambitious growth strategy.”
Hutchinson noted that 2025 has been a pivotal year for Fibrus which completed an internal reorganisation of its business into separate build, operation and consumer facing ISP divisions.
