Aussie Broadband Ltd. (AU:ABB) has released an update.
Aussie Broadband Ltd. has announced an impressive financial performance for FY24, with revenue soaring by 27% to just shy of $1 billion and EBITDA increasing by 34.5% to $120.5 million. The telecom company also reported a significant increase in operating cashflow and market share growth, while rewarding shareholders with its first-ever fully franked dividend of 4 cents per share. This successful year was highlighted by the strategic acquisition of Symbio, which contributed $12 million to the EBITDA.
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