Avanti Communications Group is a satellite operator. The Company is offering wholesale satellite broadband and satellite connectivity services to Internet Service Providers, Mobile Network Operators, Enterprises, Governments and other satellite operators.

Type
Public
HQ
London, GB
Founded
2002
Size (employees)
254 (est)+10%
Avanti Communications was founded in 2002 and is headquartered in London, GB
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Key People/Management at Avanti Communications

Paul Walsh

Paul Walsh

Chairman
Kyle Whitehill

Kyle Whitehill

CEO
David Bestwick

David Bestwick

Technical Director
Nigel Fox

Nigel Fox

Group Financial Director
Craig Chobor

Craig Chobor

Non-Executive Director
Peter Reed

Peter Reed

Non-Executive Director
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Avanti Communications Office Locations

Avanti Communications has offices in London and Limasol
London, GB (HQ)
20 Black Friars Ln
Limasol, CY
28 October Ave
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Avanti Communications Financials and Metrics

Avanti Communications Financials

Avanti Communications's revenue was reported to be £41.89 m in FY, 2017
GBP

Revenue (FY, 2017)

41.9 m

Gross profit (FY, 2017)

(2.1 m)

Gross profit margin (FY, 2017), %

(4.9%)

Net income (FY, 2017)

(48.6 m)

EBITDA (FY, 2017)

(108.5 m)

EBIT (FY, 2017)

(150.8 m)

Market capitalization (31-Oct-2017)

9.7 m

Closing share price (31-Oct-2017)

0.1

Cash (30-Jun-2017)

24.2 m
Avanti Communications's current market capitalization is £9.7 m.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.6 m5.9 m8 m5.8 m5.5 m12.5 k20.1 m43.6 m69.3 m61.3 m41.9 m

Revenue growth, %

117%30%19%

Cost of goods sold

2.8 m1.9 m5.1 m3.1 m7.7 m16.8 k36.2 m57.6 m30.9 m30.3 m44 m

Gross profit

(201 k)4 m3 m2.7 m(2.2 m)(4.3 k)(16.1 m)(14 m)38.4 m31 m(2.1 m)
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

10.7 m35.2 m24.6 m34.2 m38.8 m76.7 k36.7 m129.7 m99.3 m41.7 m24.2 m

Accounts Receivable

1.2 m57 k12.9 m608 k1.1 m1.2 k7.8 m20.1 m23.1 m49.6 m27 m

Inventories

31 k249 k352 k1.4 m1.3 m881 2.8 m1.1 m2.1 m1.4 m1.9 m

Current Assets

17.3 m44.1 m71.1 m52.1 m48 m91.2 k52.6 m156.5 m130.3 m102 m71 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

21.1 m(994 k)1 m(1.9 m)(9.7 m)(13.9 k)(30.2 m)(58.3 m)(59.6 m)(51.2 m)(48.6 m)

Cash From Operating Activities

32.6 m(1.1 m)(10.6 m)2.2 m(356 k)(12.3 k)(15.2 m)(22.5 m)(50.8 m)(68.3 m)(5.6 m)

Cash From Financing Activities

(24.1 m)34 m189 k116.6 m133.3 m127.1 k24.1 m128.7 m69.3 m89.9 m38.4 m

Net Change in Cash

1.8 m25.3 m(13.2 m)10 m4.9 m37.6 k(37.2 m)89 m(60.1 m)(47.7 m)(16.4 m)
GBPY, 2017

Revenue/Employee

180.6 k

Financial Leverage

5.9 x
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Avanti Communications Online and Social Media Presence

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