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Infracapital-backed alternative broadband network and ISP Fibrus, which has deployed their full fibre network across rural parts of Cumbria in England and Northern Ireland, has today announced the launch of their own Netgem PLEIO powered pay TV service and published a preview of their annual results showing revenues growing 53% to £45m.
At the time of writing the company’s full accounts haven’t yet been published, but Fibrus does provide plenty of useful details in their official summary of the latest results to the end of March 2026. Overall, the provider reported that they currently have 155,000 customers and their gigabit broadband network now covers 471,800 premises passed (customer penetration sits at just over 31%, which is up from 27.9% in 2025).
On the financial front, the altnet reported that they had grown annual revenues by 53% year-on-year to £45m (down from the 67% reported in 2025), while gross profit almost doubled from £16.7m in 2025 to £29.4m in 2026 and, following the business reaching EBITDA positive status earlier in 2025 (earnings before interest, taxes, depreciation, and amortisation), they revealed positive EBITDA of £7.3m for the financial year (2025: £1.5m).