Internet-based TV and streaming solutions specialist Agile Content reported strong revenue growth for 2021, with an increase of 160% year-on-year to more than €52 million.
EBITDA also grew by 145% to €5 million. In the B2B2C field, Agile TV reached 710,000 subscribers in December 2021 with more than 43,000 net additions in the last quarter, having acquired the TV business of northern Spanish cable operator Euskaltel in August last year.
In B2B, Agile Content said it now works with 17 of the top 50 telcos worldwide, with more than 50 million households now benefitting from its services.
Hernan Scapusio, CEO of Agile Content, said: “Our goal is to continue to provide a cost-effective and competitive TV offering for our telecom partners and an attractive end-user proposition that facilitates organic growth. We’ve established a strong foundation for revenue growth to propel our consolidation strategy. Looking to the future, we’ll continue to direct capital towards executing this strategy, making selective investments to fuel scalability.”