Operating Cash Flow up 53% on prior quarter. Free Cash Flow up 64% on prior quarter.
- Record Net Operating Cash Flow of $16.1M, up 53% on prior quarter (Q1-FY21)
- 544% increase in Net Operating Cash Flow vs prior corresponding period (Q2-FY20)
- Record Free Cash Flow in Q2 of $11.3M, up 64% on prior quarter (Q1-FY21)
- Free Cash Flow represents 70% of Net Operating Cashflow, after all capex - Key financial performance metrics for first half of FY21 above forecast levels
- Materially above-forecast growth in net new FTTP activations in the quarter
- Completed OptiComm, HarbourISP and Telstra Velocity® acquisitions in the quarter
- OptiComm (owned for 1 month of Q2-FY21), HarbourISP (owned for 2 months of Q2- FY21), Telstra Velocity® assets (owned for 1 week of Q2-FY21)
- Integration of recent acquisitions on or ahead of schedule
- $45M in cash reserves. Net debt ~2.2 times proforma FY21 EBITDA $116M @ 31/12/20 - Net leverage reduced to ~2 times proforma FY21 EBITDA, following receipt of $20M from the upsized SPP completed on 20 Jan 2021
- This is Uniti’s final Appendix 4C, having filed the required 8 quarterly 4C’s since IPO
Sorry about previous postcould some let me know ho to edit a straw
Disc: I hold