Netlink profit up 5.3% YoY in Q1 FY22

Its EBITDA also grew by 1.1% YoY.

The Netlink group reported an uptick of 5.3% in profit after tax for the first quarter of the financial year 2022.

Its earnings before interests, taxes, depreciation, and amortisation also saw an increase of 1.1% compared to the previous financial year.

This can be attributed to an overall increase in revenue at $4.4m, due to higher installation-related revenue, residential, NBAP, and segment connections revenue.

The group’s net cash also increase to $66.3m, $1.2m more than last year’s value.

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