Financial Results

Fibrus has revealed its annual financial results that show 2024 was the altnet provider’s strongest year for customer acquisition, marking a key milestone in its goal towards half a million connections.

Fibrus has reported its strongest year for customer acquisition, with a 143% increase in connected customers, and customer penetration exceeding 25%.

Airband Community Internet has published its latest financial results for the year ended 2023, revealing the altnet ISP had rapid growth and strong investment to significantly extend its reach.

The BT Group published its latest biannual H1 FY25 results to Sept 2024, which reveals that the company is “firmly on track” to meet long-term cost savings and cash flow targets, and it can confirm EBITDA, capex and cash flow guidance for FY25, albeit on lower revenue guidance.

Virgin Media O2’s results from its recent Q3 financial report shows the company is on track to continue targeted investments over the next year.

Community Fibre’s latest Q3 annual financial report shows a strong year with a growth in revenue by 109 percent to £41.7m at the end of 2023.

Netomnia, which merged with Brsk earlier this year, is now achieving an annual build rate exceeding one million premises, according to its Q3 financial results.

Grain (Grain Connect) published its annual results for the year ended 31st March and made some positive financial predictions.

CityFibre has begun preparation for a financing exercise to grow its debt facilities according to its financial statements for the year ended 31st December 2023.

Hyperoptic revenues increased 19% from £78.7m to £93.4m in the year ended 31st December 2023, which saw the provider hit some significant milestones.