In today’s FY22 results, BBB has reported organic revenue growth of +12% to £31.2m, adjusted EBITDA +2% ahead of the trading update at £5.1m, and net cash in line at £4.2m. Australasia’s +14% organic growth to £26.5m has powered the group, while Nordic organic revenue growth was -13% due to the cyber-attack on ViaSat impacting BBB’s satellite customers, and the lapping of the decommissioning of c100 fixed wireless towers in FY21. Management’s focus on cost while selectively investing in growth h ....

20 Mar 2023
Bigblu Broadband - Strong FY22 with EBITDA +2% ahead, focus on realising value

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Bigblu Broadband - Strong FY22 with EBITDA +2% ahead, focus on realising value
Bigblu Broadband plc (BBB:LON) | 23.5 -0.1 (-2.1%) | Mkt Cap: 10.2m
- Published:
20 Mar 2023 -
Author:
Andrew Darley | Michael Hill -
Pages:
20 -
In today’s FY22 results, BBB has reported organic revenue growth of +12% to £31.2m, adjusted EBITDA +2% ahead of the trading update at £5.1m, and net cash in line at £4.2m. Australasia’s +14% organic growth to £26.5m has powered the group, while Nordic organic revenue growth was -13% due to the cyber-attack on ViaSat impacting BBB’s satellite customers, and the lapping of the decommissioning of c100 fixed wireless towers in FY21. Management’s focus on cost while selectively investing in growth h ....