Financial Results

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.

Gigaclear has reached 500,000 premises ready for service and 100,000 customers connected, according to its latest financial results, for the year ended December 2023.

Commsworld reported a 45% rise in adjusted EBITDA and a 28% increase in turnover, spurred by its public sector wins.