Hyperoptic's 2024 results show solid progress
We've been keeping an eye on the latest broadband updates, and Hyperoptic's audited figures for 2024 make for interesting reading. The provider grew its customer base by 20% to 374,000 subscribers (now over 400,000) while pushing revenue up 22% to £114 million.
Key numbers from the year
- Network now reaches 1.9 million homes
- Gross profit rose 20% to £87 million
- EBITDA jumped to £24 million
- Over 28,000 five-star Trustpilot reviews
- Named Which? Great Value Provider in March 2024
Hyperoptic also invested £173 million in its full fibre network and secured fresh funding to keep expanding. CEO Dana Tobak CBE said: “We’re proud of the momentum we built in 2024. These results demonstrate our unwavering commitment to delivering brilliant broadband, exceptional customer experience, and long-term infrastructure for the UK. Our trajectory remains strong and consistent, and we are on track to reach our goal of passing over two million homes and businesses with full fibre connectivity.”
The company plans to keep growing through its wholesale deal with Openreach and new-build partnerships covering over 223,000 premises.
If you're thinking about switching providers, check out the latest options on our broadband comparison page.
