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Financial Results
TelcoSwitch included on FT 1000 for first time
TelcoSwitch has been listed as one of the fastest-growing European companies in the Financial Times’ FT 1000 list.Leisure site upgrades drive Dunedin IT towards £2m milestone
Dunedin IT is on track for a record £2m turnover this fiscal year after announcing a 300% increase in demand for its voice and data solutions during 2021.Wildix notches up record three year results
Wildix’s growth in the UK has played a major part in the UC&C vendor recording its best-ever results across a three-year period.Performanta swells following Beech Tree backing
Performanta has seen its revenues rise 46% year on year, with new customer acquisition rising to 177%.Excalibur results impacted by mobile losses
Excalibur Communications has reported a Group turnover of £8.7m and an EBITDA of £1.5m in its results for the year to June 2021. Turnover is down by 6% versus 2019/20 and EBITDA is up 15%Avaya reverses decade long revenue decline
Avaya has reversed over a decade of annual revenue declines as it reports Q4 revenues of $760m and FY21 revenues of $2.973bn, an increase of 3.5% year over year.Vodafone UK reports 6% revenue swell
Vodafone’s H1 FY22 results show that the company’s UK operations increased by 6% to €3.2bn due to higher service revenue and equipment revenue.ddroid exceeds £3m turnover target
Leeds-based digital transformation specialist ddroidd has exceeded its first-year target of £3m turnover and has stated plans to double in the next 12 months.Reduced build costs driving BT’s roll out
The BT Group’s FTTP rollout now covers nearly six million premises according to its H1 results for FY22, with 1.3 million customers connected. The Group’s rollout has been boosted by a drop in build costs from £300-£400 per premises passed, to £250-£350.SysGroup predicts 16% revenue dip for H1
SysGroup is predicting a 15.8% drop in revenue for the first half of 2021, due to the ongoing impact of the pandemic.