CityFibre
Financials
Estimates*
| USD | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 22.0m | 34.0m | 22.0m | 33.0m | - | - | - |
| % growth | - | 55 % | (35 %) | 50 % | - | - | - |
| EBITDA | 11.0m | 4.0m | 11.0m | (33.0m) | (12.0m) | (1.2m) | 8.3m |
| % EBITDA margin | 50 % | 12 % | 50 % | (100 %) | - | - | - |
| Profit | - | (16.0m) | - | - | - | - | - |
| % profit margin | - | (47 %) | - | - | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | €20.0m Valuation: €38.0m | IPO | |
| N/A | £30.0m | Post IPO Equity | |
| N/A | N/A | Growth Equity VC | |
* | £300m | Debt | |
* | £825m | Growth Equity VC | |
* | £300m | Growth Equity VC | |
| Total Funding | AUD2.3b | ||
Recent News about CityFibre
EditCityFibre is a leading provider of Full Fibre broadband networks, aiming to revolutionize internet connectivity in the UK. The company focuses on building state-of-the-art fibre optic networks that offer unparalleled speed and reliability. CityFibre serves both residential and business clients, providing them with a robust internet infrastructure that eliminates dropouts and slowdowns. The company operates in a highly competitive broadband market, targeting 285 towns, cities, and villages with its ambitious goal of connecting 8 million homes by 2025. CityFibre's business model involves partnering with various Internet Service Providers (ISPs) to deliver its Full Fibre services, thereby generating revenue through these collaborations. The company's vision is to unleash the potential of Full Fibre to foster a thriving economy and society.
Keywords: Full Fibre, broadband, internet, UK, homes, businesses, fibre optic, ISPs, connectivity, infrastructure.
