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Uniti reported $64.2 million of free cash flow with its full year   results, and will consider paying dividends in future periods.

Revenue nearly tripled to $160.5 million. Net profit almost doubled to $29.2 million.

CEO Mick Simmons described the second half as a "clean six months" as it had not made any acquisitions during the period, and told investors M&A activity was unlikely for the time being.

He said Uniti had weathered the toll from COVID19 outbreaks in Sydney and Melbourne but warned any slowdown in construction activity, critical for the company as it lays down fibre to new property developments,   would probably not eventuate until later in the calendar year.

The company recorded a 15 per cent increase in active, connected or in   construction premises to take its total to 500,000 in the second half of the 2021 financial year. When the migration of customers from its   buyout of Telstra Velocity is finished, this will stretch to over   565,000.

<blockquote data-quote="Dona Ferentes" data-source="post: 1134959" data-attributes="member: 66457">Uniti reported $64.2 million of free cash flow with its full year&nbsp;&nbsp; results, and will consider paying dividends in future&nbsp; periods. Revenue nearly tripled to $160.5 million. Net profit almost doubled to $29.2 million.CEO Mick&nbsp; Simmons described the second half as a &quot;clean six months&quot; as it had not&nbsp; made any acquisitions during the period, and told investors M&amp;A activity was unlikely for the time being.He&nbsp; said Uniti had weathered the toll from COVID19 outbreaks in Sydney and&nbsp; Melbourne but warned any slowdown in construction activity,&nbsp; critical for the company as it lays down fibre to new property developments,&nbsp;&nbsp; would probably not eventuate until later in the calendar year.The company recorded a 15 per cent increase in active, connected or in&nbsp;&nbsp; construction premises to take its total to 500,000 in the second half of&nbsp; the 2021 financial year. When the migration of customers from its&nbsp;&nbsp; buyout of Telstra Velocity is finished, this will stretch to over&nbsp;&nbsp; 565,000.</blockquote>

[QUOTE="Dona Ferentes, post: 1134959, member: 66457"] Uniti reported $64.2 million of free cash flow with its full year results, and will consider paying dividends in future periods. Revenue nearly tripled to $160.5 million. Net profit almost doubled to $29.2 million. CEO Mick Simmons described the second half as a "[I]clean six months"[/I] as it had not made any acquisitions during the period, and told investors M&A activity was unlikely for the time being. He said Uniti had weathered the toll from COVID19 outbreaks in Sydney and Melbourne but warned any slowdown in construction activity, critical for the company as it lays down fibre to new property developments, would probably not eventuate until later in the calendar year. The company recorded a 15 per cent increase in active, connected or in construction premises to take its total to 500,000 in the second half of the 2021 financial year. When the migration of customers from its buyout of Telstra Velocity is finished, this will stretch to over 565,000. [/QUOTE]

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