GO plc has announced solid financial results for the first half of 2025, driven by revenue growth across its core operations and contributions from recent acquisitions.

For the six months ended 30 June 2025, the group posted revenues of €123.9 million, up €10.4 million from the same period last year. Around €7.1 million of this increase came from newly acquired subsidiaries, including Klikk Finance plc and AQS Med Limited. Growth was also supported by steady demand for mobile and fixed-line services in Malta and a two per cent rise in mobile subscribers in Cyprus.

BMIT Technologies plc, the group’s data centre and cloud services arm, delivered revenue of €18.3 million, marking a 9.6 per cent increase year-on-year, with cloud adoption remaining a key driver. Other subsidiaries, including Cybersift and Connectedcare, also contributed positively.

EBITDA rose by eight per cent to €47.8 million, reflecting stable operating costs despite increased business activity. Profit before tax stood at €16.4 million, up 14 per cent from the prior year, while net profit attributable to shareholders reached €11.3 million, compared to €8.9 million in 2024.

During the period, GO completed its nationwide Fibre-to-the-Home rollout, positioning Malta as a “True Fibre Island”. It also launched GO Energi, a renewable energy brand, and integrated Klikk into its portfolio to expand ICT hardware and electronics offerings. Additionally, BMIT acquired a 51 per cent stake in 56Bit Limited to strengthen its AWS cloud capabilities.

The group generated €40.1 million in operating cash flow, up from €35.8 million last year, while net cash used in investing activities fell to €23 million, reflecting lower capital expenditure following the completion of major fibre projects.

In line with its commitment to delivering shareholder returns, the Board approved an interim net dividend of €0.07 per share, equivalent to €7.1 million, payable on 2 September 2025.

Looking ahead, the group is pursuing further strategic expansion, with BMIT set to acquire a 49 per cent stake in Malta Properties Company plc, a move aimed at strengthening its position in the digital infrastructure space.