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AUSSIE BROADBAND LIMITED — Earnings Release 2021
Jan 21, 2021
64278_rns_2021-01-21_3e4b0c36-267a-476e-bac0-75a9bcb68a86.pdf
Earnings Release
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ASX Announcement
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22 January 2021
Aussie Broadband Update
Based on preliminary, unaudited management accounts Aussie Broadband Limited (ASX:ABB) expects half year EBITDA to be in the range of $6.9m to $7.4m with EBITDA excluding IPO costs in the range of $8.0m to $8.5m.
We provide the following update on broadband connections.
| Growth | Growth | ||||
|---|---|---|---|---|---|
| Dec-19 | Jun-20 | Dec-20 | 6 months | 12 months | |
| Residential Broadband | 168,575 | 241,627 | 313,193 | 30% | 86% |
| Business Broadband | 13,801 | 19,734 | 29,441 | 49% | 113% |
| Total | 182,376 | 261,361 | 342,634 | 31% | 88% |
The company will release its half year results on Wednesday 17 February 2021 and details for an investor call that day will be announced closer to the date. All financial information included in this results update is unaudited and remains subject to further review and finalisation.
ENDS
Authorised for release by the Aussie Broadband Board.
For registry queries please contact Link Market Services on 1300 554 474
For other enquiries please email [email protected]
About Aussie Broadband Limited:
Aussie Broadband is an Australian owned and operated telecommunications company that was formed in 2008 and is based in Morwell Victoria, Australia.
The Company’s main focus is nbn™ (NBN) subscription plans and bundles to residential homes, small businesses, not-for-profits, corporate/enterprise and managed service providers.
As a licensed carrier, the Company provides these services through a wholesale agreement with NBN Co, a mix of leased backhaul infrastructure from third parties and its own network equipment.
The Company also offers a range of other telecommunications services including VOIP, mobile plans, entertainment bundles through its partnership with Fetch TV and connections through the Opticomm network.