Gamma Communications increased its revenue by 11 per cent to £579.4 million for the year ended 31 December 2024.
The company’s gross profits also rose 12 per cent to £300.3 million over the same period. Its adjusted EBITDA was also up 10 per cent at £125.5 million.
This was driven by organic growth and supported by acquisitions, including three completed during 2024: Coolwave in February; BrightCloud in July: and Placetel in September.
The Group acquired Starface in February 2025, a strategically significant acquisition, which along with the Placetel deal, has improved its positioning in the German SME cloud communications market.
Gamma Business continued to grow strongly, driven primarily by its UCaaS portfolio and supported by recent acquisitions, with gross profit increasing by 11 per cent to £194.7 million as a result.
The company outlook expects satisfactory group organic growth supported by continued active cost management throughout the year, that will be further strengthened by the recent German acquisitions.
Andrew Belshaw, chief executive officer, Gamma, said, "Gamma has achieved another strong set of results, marked by robust revenue growth, stable margins, and healthy cash generation despite general soft macro-economic performance in our two main markets of the UK and Germany.
"The strength of Gamma’s balance sheet has enabled us to expand our capabilities, through both product development and strategic acquisitions from Coolwave and BrightCloud to Gamma – their contributions will be invaluable as we continue to expand our solution set."