21 Mar 2022
Bigblu Broadband - Strong FY21 results with adjusted EBITDA +2% ahead
BBB has reported strong FY21 results, with adjusted EBITDA and net cash +2% and +6% ahead of its December trading update, where we had upgraded our FY21 EBITDA by +8% and increased our FY21 net cash by £3m. The group’s +15% organic revenue growth to £27.1m has continued to be driven by Australasia’s +29% organic growth, while in the Nordics the accelerated fixed wireless infrastructure upgrade program has been completed at a lower cost than expected, and BBB has added 2k new subscribers in the r ....
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Bigblu Broadband - Strong FY21 results with adjusted EBITDA +2% ahead
Bigblu Broadband plc (BBB:LON) | 37.5 0 0.0% | Mkt Cap: 22.0m
- Published:
21 Mar 2022 -
Author:
Andrew Darley | Michael Hill -
Pages:
16
BBB has reported strong FY21 results, with adjusted EBITDA and net cash +2% and +6% ahead of its December trading update, where we had upgraded our FY21 EBITDA by +8% and increased our FY21 net cash by £3m. The group’s +15% organic revenue growth to £27.1m has continued to be driven by Australasia’s +29% organic growth, while in the Nordics the accelerated fixed wireless infrastructure upgrade program has been completed at a lower cost than expected, and BBB has added 2k new subscribers in the r ....