BBB has delivered strong operational progress in today’s H1 trading update, and while we revise our revenue forecasts due to Australia and FX, we upgrade our adjusted EBITDA, EFCF, and net cash, as management continues to generate efficiencies and focuses on realising shareholder value. H1 revenue of £14.9m reflects Australasia’s H1 growth being impacted by Starlink, and we expect a strong rebound in H2 as SkyMesh leverages new NBN Co tariffs, which have received excellent feedback and substanti ....

05 Jun 2023
Bigblu Broadband - Strong progress in H1, FY23 & FY24 EBITDA upgrades of +3%

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Bigblu Broadband - Strong progress in H1, FY23 & FY24 EBITDA upgrades of +3%
Bigblu Broadband plc (BBB:LON) | 24.0 0 0.0% | Mkt Cap: 10.5m
- Published:
05 Jun 2023 -
Author:
Andrew Darley | Michael Hill -
Pages:
8 -
BBB has delivered strong operational progress in today’s H1 trading update, and while we revise our revenue forecasts due to Australia and FX, we upgrade our adjusted EBITDA, EFCF, and net cash, as management continues to generate efficiencies and focuses on realising shareholder value. H1 revenue of £14.9m reflects Australasia’s H1 growth being impacted by Starlink, and we expect a strong rebound in H2 as SkyMesh leverages new NBN Co tariffs, which have received excellent feedback and substanti ....