Gigaclear operates pure fiber broadband networks in the UK. The Company provides ultrafast broadband to homes and businesses in rural communities.

Type
Private
HQ
Abingdon, GB
Founded
2010
Size (employees)
169 (est)+2%
Gigaclear was founded in 2010 and is headquartered in Abingdon, GB
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Key People/Management at Gigaclear

Matthew Hare

Matthew Hare

CEO
David Smyth

David Smyth

CFO
Charl Tintinger

Charl Tintinger

CTO
Brett Shepherd

Brett Shepherd

COO
Joe Frost

Joe Frost

Director of Business Development

Gigaclear Office Locations

Gigaclear has an office in Abingdon
Abingdon, GB (HQ)
Windrush Court Blacklands Way
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Gigaclear Financials and Metrics

Summary Metrics

Founding Date

2010

Total Funding

$171.3 m

Latest funding size

$144.11 m

Time since last funding

a year ago

Investors

Gigaclear's latest funding round in May 2017 was reported to be $144.1 m. In total, Gigaclear has raised $171.3 m

Gigaclear Financials

Gigaclear's revenue was reported to be £3.53 m in FY, 2016 which is a 157.8% increase from the previous period.
GBP

Revenue (FY, 2016)

3.5 m

Revenue growth (FY, 2015 - FY, 2016), %

157.8%

Gross profit (FY, 2016)

1.6 m

Gross profit margin (FY, 2016), %

44.5%

Net income (FY, 2016)

(10.7 m)

EBITDA (FY, 2016)

(8.8 m)

EBIT (FY, 2016)

(10.8 m)

Cash (31-Dec-2016)

21.1 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

153.5 k335.7 k421 k607 k1.4 m3.5 m

Revenue growth, %

119%25%44%126%158%

Cost of goods sold

160 k268.5 k467 k369 k760 k2 m

Gross profit

(6.5 k)67.1 k(46 k)238 k609 k1.6 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

48.2 k631.3 k1 m5.5 m17.4 m21.1 m

Accounts Receivable

41.4 k12.6 k36 k108 k165 k1.2 m

Inventories

6 k52 k238 k161 k

Current Assets

96.6 k711 k1.2 m6 m19.2 m22.5 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(272.6 k)(628.4 k)(1.6 m)(3.3 m)(6 m)(10.7 m)

Cash From Operating Activities

(955 k)(2.6 m)(4.7 m)(6.3 m)

Cash From Financing Activities

2.3 m11.4 m31.5 m46 m

Net Change in Cash

392 k4.5 m11.8 m3.6 m
GBPY, 2016

Revenue/Employee

45.2 k

Financial Leverage

1.5 x
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Gigaclear Operating Metrics

Dec, 2016Nov, 2017

Countries

16

Households Connected

30 k52 k
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