Excalibur sees 6% revenue growth

Excalibur Communications reported a 6% increase in turnover to £9.2m for the year ending June 2022, due to a rise in mobile and UC revenues and new customer wins.

The mobile division of the company saw a 9% increase in revenue, rising from £4.4m in 2020/21 to £4.8m this year, driven by its largest ever mobile customer win.

The IT and Fixed Line business also experienced a 2% growth, reaching £4.4m. EBITDA was £1.6 million, a 3% increase from 2020/21.

CEO Peter Boucher said: "Our investment in underlying efficiency and automation positions us well for future growth and greater profitability next year."

Related Topics

Share this story

Like