Fourth Quarter 2011
- Total revenues of €23.8m, up 74% from 4Q 2010
- Gross profit of €15.4m, up 60% from 4Q 2010
- Gross margin of 64.7%, down from 70.1% in 4Q 2010
- Adjusted EBITDA of €0.1m, down from €1.8m in 4Q 2010 due to integration costs
- Net loss of €(7.9)m, up from €(7.4)m in 4Q 2010
- 33 new customers gained in the quarter
- 103 new buildings on-net
Full Year 2011
- Total revenues of €72.1m, up 65% from 2010
- Gross profit of €49.7m, up 58% from 2010
- Gross margin of 69%, down from 72% in 2010
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