Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 696.00K | 25.94M | 31.22M | 27.07M | 27.17M |
Gross Profit | 208.00K | 9.63M | 13.10M | 12.17M | 13.57M |
EBITDA | -261.00K | 383.00K | 1.71M | 1.79M | 5.83M |
Net Income | -4.92M | -4.70M | -2.93M | 26.75M | 9.43M |
Balance Sheet | |||||
Total Assets | 18.07M | 21.82M | 24.12M | 26.86M | 43.34M |
Cash, Cash Equivalents and Short-Term Investments | 26.00K | 3.63M | 4.20M | 5.20M | 15.31M |
Total Debt | 6.50M | 2.24M | 1.35M | 1.46M | 7.89M |
Total Liabilities | 14.37M | 13.49M | 10.73M | 10.95M | 24.58M |
Stockholders Equity | 3.69M | 8.32M | 13.39M | 15.91M | 14.19M |
Cash Flow | |||||
Free Cash Flow | -6.72M | 1.19M | -1.94M | -7.70M | -15.26M |
Operating Cash Flow | -5.99M | 1.66M | -512.00K | -1.64M | -5.67M |
Investing Cash Flow | -732.00K | -3.17M | 200.00K | 22.59M | 26.65M |
Financing Cash Flow | 4.20M | 1.45M | -694.00K | -31.06M | -11.66M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | £1.00B | 14.81 | 19.42% | 1.82% | 11.06% | 31.61% | |
66 Neutral | ¥483.17B | 17.99 | 1.03% | 2.20% | 6.17% | -17.75% | |
59 Neutral | £26.57M | 51.97 | 3.52% | ― | -3.36% | ― | |
41 Neutral | £8.72M | ― | -9.16% | ― | ― | ― | |
― | $430.98K | ― | ― | ― | ― |
Bigblu Broadband plc has released its Annual Report and Accounts for the financial year ending 30 November 2024, along with the Notice of its Annual General Meeting (AGM). The AGM is scheduled to take place on 30 June 2025 in London. These documents are accessible to shareholders and are available on the company’s website, indicating transparency and engagement with stakeholders.
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.
Bigblu Broadband plc’s 2024 financial year was marked by strategic moves aimed at operational improvement and shareholder value realization. The company invested in Starlink to offer LEO internet solutions, generating £0.4m in revenue. In Australia, Skymesh, a leading satellite broadband provider, faced challenges but stabilized by year-end, generating £22.2m in revenue. The disposal of Skymesh for up to AUD$50.2m allowed Bigblu to retain a stake in the acquiring company, SKM, while reducing debt. Quickline secured significant government contracts to expand broadband in rural UK areas, supported by substantial funding. The company also completed the disposal of its Norwegian operations, reducing central costs. With a focus on governance and shareholder returns, Bigblu aims to leverage its interests in SKM and Quickline for future value.