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Financial Results
BT buoyed by Openreach growth
BT Group has published its full results for the year to 31st March 2022, which reveals revenue of £20.9bn, down 2% year on year. Cost savings now totalling £1.5bn saw EBITDA rise 2% to £7.6bn.Maintel reports profit rise on revenue dip
For the year to 31st December 2021 Maintel has reported £34.1m (2020: £30.9m) gross profit on £103.9m revenues (2020: £106TelcoSwitch 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.
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