Open Infra US Assets AB (publ) 2024-Q3 Report
Open Infra AB (publ) hereby published the financial report for Q3, 2024.
Please see below for an overview and attachment for the full report.
Financial Development April – September
- Network EBITDA run rate (annualized) has increased to USD 8.2m from USD 7.5m in the previous quarter, an increase of 10%.
- Net debt has increased to USD 49.3m from USD 45.6m since last quarter due to the release from escrow following acquisition of Active HC*.
- ARPU has increased from USD 67 to USD 68, an increase of 2%. This was driven by an increased share of HCs with new agreements which generate a higher ARPU (USD 99) compared to the legacy agreements.
- Active HCs has increased to 12,523 from 11,777 last quarter, an increase of 6%.
- Net debt / EBITDA was 5.98x compared to incurrence level of 6.50x and maintenance level of 8.00x.
- Interest coverage ratio was 1.50x compared to incurrence level of 1.50x and maintenance level of 1.25x.
This information is information that Open Infra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 14.00 CET on November 20th, 2024.
For further information, please contact:
Erik Stiernstedt, CEO
+ 46 (0)70-550 30 73, erik@openinfra.com