Rural Broadband Solutions plc

AQSE Growth Market -
Rural Broadband Solutions PLC (formerly known as SAPO Plc) (the “Company”) was incorporated and registered in the Isle of Man under the Isle of Man Companies Acts 1931 to 2004 on 27 June 2006 as a public limited company with registered number 117001C. On 7 January 2011, with the approval of its shareholders at a general meeting, the Company was reregistered as a company under the Isle of Man Companies Act 2006 with registered number 006491v.

The Company, formerly an investment vehicle under the AQSE Growth Market Rules, seeks to continue to invest in the developing market for rural broadband in the United Kingdom following its acquisition of the rural broadband supplier, Secure Web Services Limited.

Symbol Ccy Code Bid Ask Share Price (Mid) Previous Close Volume Last Traded
RBBS GBX 2.3 2.32 2.31 2.31 750000 23.06.22

MiFID II compliant pre- and post-trade transaction data is available here. The data is delayed by at least 15 minutes and will be refreshed every 15 minutes. Publication of trades in equity securities that are large in scale compared to normal market size and illiquid non-equity securities may be delayed if the trade is eligible for deferred publication in accordance with the trading rules of Aquis Stock Exchange and MiFIR. Further details as to when the publication of a trade may be deferred are set out in the trading rules which are available here.

Key Information

  
Market Cap: £8,360,494
ISIN:GB00B16GQJ90
Par:0.01
Inst Type:Ordinaries
Symbol:RBBS
MIFID Status:MTF
Tradable securities in issue:361,926,143
Sector:Fixed Line Telecommunications
% daily price change:0.00%

Latest Trades

Date & Time Volume Price
23.06.22  |  13:45:047500002.35
21.06.22  |  13:57:31250002.4
20.06.22  |  15:07:15250002.42
10.05.22  |  10:09:301000002.3
29.04.22  |  16:06:392500002.2
29.04.22  |  12:31:275000002.3
25.04.22  |  10:26:45256872.7
29.03.22  |  12:31:249400002.6
29.03.22  |  12:14:18250003
29.03.22  |  12:14:09250003

Financial Information

Performance

Earnings per share of -0.35p for 12/2020 has grown from -0.8p in 12/2018 or 56% over the period. Looking at this trend over the last 3 reported periods earnings are showing a growth.

Earnings per share   % growth (1)
   
 12/2018-47%
 12/2019-16%
   
Average over 3 periods+-34%
Strength in EPS trend ±
Low
High

(1) % growth is year on year % change in EPS.

Basic earnings per share are earnings from continuing and discontinued operations that are attributable to current equity holders.

Business Insight

Costs to Revenues ratio of 6.2 in 12/2020 has declined from 0 in 12/2018. Operating costs over the period have increased at a faster pace than the Revenues have increased.

Cost to Revenue ratio (2)   Multiple to Revenue
   
 06/20170.0x
 12/20180.0x
 12/20196.2x
   
Average multiple over 3 periods+12.7x
Strength of cost to revenue relationship ±
Low
High

(2) Costs include selling and admin, depreciation, amortisation and other operating costs.

Valuation

Financial Metric
Price multiple to metric
Relationship strength between metric and share price ±
  
EBITDA-21.4x
EBIT-19.7x
NI-18.8x
FCF-21.9x
DPS-
Assets3.4x
CE3.6x

The Relationship Strength is statistical measure of how close the data is to a line of best-fit line between share price and the metric shown. It is scaled between zero (no relationship) and 5 (strong relationship).

In this case Total Assets has the strongest relationship to share price, with the company's Market Capital value at 3.4x Total Assets.

+ In cases of change in accounting period length, the average is for the last 3 periods. In all cases, it is dependent on published available data and may be for periods shorter than 3 years

± The ‘Strength’ bar shows the strength of the statistical linear relationship of the metrics shown in the chart over the last three periods of data.

Click here to download a glossary of terms.

All data provided by Fregnan.

Click here to download a glossary of terms.

All data provided by Fregnan.

Last results date:     31.12.20
Enterprise Value £13.68m
EV/EBITDA (21.35)
EV/EBIT (19.72)
   
PE Ratio (12.73)
PEG 259.22%
Dividend Yield -
Free Cash Yield (6.75)%

Click here to download a glossary of terms.

All data provided by Fregnan.

31.12.18
(£'000)
31.12.19
(£'000)
31.12.20
(£'000)
Income Statement      
Revenue --128
Operating Income (EBIT) (506)(377)(694)
Net Income (498)(372)(728)
       
Balance Sheet      
Cash 3394789
Total Debt --234
Total Liabilities 82284552
Total Equity 4391,1073,527
       
Operating Margin 0.00%0.00%(542.19)%
EPS - Basic (0.80)p(0.42)p(0.35)p
EPS - Growth (110.62)%(47.06)%(16.48)%
Dividend Per Share ---
Average Shares Outstanding 62.29m87.90m205.96m
       
ROA (38.03%)(38.91%)(26.62%)
ROCE (127.14%)(48.77%)(28.13%)
ROE (125.13%)(48.12%)(31.42%)

Click here to download a glossary of terms.

All data provided by Fregnan.

31.12.18
(£'000)
31.12.19
(£'000)
31.12.20
(£'000)
Revenue --128
Cost of Revenue 232530
Depreciation & Amortisation --53
Gross Profit (23)(25)45
Other Operating Expenses 483352739
Operating Income (EBIT) (506)(377)(694)
Net Interest Expense --23
Unusual Expense (incl. Exceptionals) 67--
Non-Operating Expense 755(3)
Profit (pre-tax) (498)(372)(720)
Taxation --(8)
Other Expenses and Minortity Interest ---
Net Income (498)(372)(728)

Click here to download a glossary of terms.

All data provided by Fregnan.

31.12.18
(£'000)
31.12.19
(£'000)
31.12.20
(£'000)
Cash from Operations (518)(229)(518)
Cash from Investing (1)-(1,054)
Cash from Financing -2902,267
Other Miscellaneous 4--
Net Cash Flow (515)61695

Click here to download a glossary of terms.

All data provided by Fregnan.

31.12.18
(£'000)
31.12.19
(£'000)
31.12.20
(£'000)
Current Assets 5216412,072
Non-Current Assets -7502,007
Total Assets 5211,3914,079
Current Liabilities 82284252
Non-Current Liabilities --300
Total Liabilities 82284552
Net Assets 4391,1073,527
Total Equity 4391,1073,527

Click here to download a glossary of terms.

All data provided by Fregnan.

Address

Business Address

Rural Broadband Solutions plc, Exchange House, 54-62 Athol Street, Douglas, , Isle of Man, IM1 1JD, United Kingdom.

Email: info@ruralbroadbandsolutions.com

Phone: +44 (0)1624 692600

Registered Address

Exchange House, 54-62 Athol Street, Douglas, Isle of Man, IM1 1JD, United Kingdom.

Contacts

Corporate Adviser

Alfred Henry Corporate Finance Ltd., Finsgate, 5-7 Cranwood Street, London, United Kingdom.

Email: enquiries@alfredhenry.com

Phone: +44 (0)20 3772 0021

Registrar

Link Market Services Guernsey Limited , Mont Crevelt House,Bulwer Avenue, St. Peter Port, GY1 4PP, Guernsey.

Research


I'm sorry there is no research for this company.