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The latest announcement is out from Bigblu Broadband plc ( (GB:BBB) ).
Bigblu Broadband plc announced its audited final results for the year ending November 30, 2024, highlighting significant strategic moves, including the disposal of its Norwegian operations and the majority interest in its Australian subsidiary, SkyMesh. The company returned £6.1 million to shareholders and repaid all debt following the SkyMesh sale. Despite a decrease in total revenue and adjusted EBITDA, the company remains focused on its operations in New Zealand and its stakes in Quickline and SKM, expecting improved operational efficiencies and shareholder returns in the future.
More about Bigblu Broadband plc
Bigblu Broadband plc operates in the alternative superfast and ultrafast broadband solutions market, primarily in the UK, Europe, and Australia. The company engages in this sector through its shareholdings in related companies and distribution contracts with satellite companies, catering to both consumers and businesses.
Average Trading Volume: 318,601
Technical Sentiment Signal: Sell
Current Market Cap: £10.25M
For an in-depth examination of BBB stock, go to TipRanks’ Stock Analysis page.