BigAir's big profit misses mark

The wireless internet services provider missed high expectations for the full year with investors locking in profits, but more upside is possible given the company's array of growth opportunities.

BigAir Group (BGL) has succumbed to the high hurdle of expectation with its record result and upbeat outlook failing to impress investors.

The wireless internet services provider posted a 31% surge in revenue to $29.9 million for the year ended June 30 as underlying earnings before interest, tax, depreciation and amortisation (EBITDA) increased 24% to $12.1 million.


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