GoFibre reported revenue of £2m for the year ending December 2024, marking a 52% increase from £1.2m the year before.
During the same period, capital expenditure was cut from £33m to £30.7m and operating losses rose to £14.1m, up from £13.7m in 2023.
By the end of 2024, the account reveal that GoFibre had increased RFS premises to 120k from 77.6k. This figure was over 130,000 premises by August 2024.
The altnet recently secured a £125m funding round to support its delivery of two Project Gigabit contracts in the south and north east of Scotland, covering the Borders, East Lothian, Angus, Aberdeenshire and the Moray coast.
