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Broadband

Nfon sees rise in revenues, EBITDA, seats in Q1

Thursday 20 May 2021 | 17:02 CET | News
European cloud PBX provider Nfon said its recurring revenues rose by 19.6 percent year-on-year to EUR 16.8 million in the first quarter of this year. Recurring revenue accounted for 89.1 percent of total revenue in Q1, compared with 85.8 percent the previous year. Total revenue increased by 15.2 percent during the period to EUR 18.9 million, and EBITDA improved to EUR 1.6 million from a loss of EUR 0.1 million in the same period a year ago. Adjusted EBITDA was EUR 1.8 million in the first quarter this year, up from EUR 0.2 million one year ago.

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Categories: Fixed
Companies: Nfon
Countries: Europe / Germany
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