Number of residential customers on Aussie Broadband lines now sits at 363,000, as business and wholesale almost doubled to 37,500.
Aussie Broadband has capped off a bumper year, with the telco saying it now has 401,000 customers in total, up 53%, consisting of 363,000 residential lines, an increase of 50%, and business and wholesale jumping 90% to 37,500. The end result is the telco reporting revenue up 84% to AU$350 million, and earnings before interest, tax, depreciation, and amortisation (EBITDA) prior to AU$1.5 million in IPO expenses growing five-fold to AU$19 million. In the fourth quarter alone, the company reported revenue of AU$100 million. All up, Aussie Broadband ended the year by closing last year’s AU$12.3 million loss into a AU$4.2 million loss.
