Aussie Broadband (ASX:ABB) has reported a full-year net profit after tax of A$21.7 million, a significant increase compared with the company’s A$5.3 million in the previous year.

The firm also announced a substantial rise in its annual revenue, which came in at A$788.0 million against A$546.9 million.

Aussie Broadband (ASX:ABB) confirmed no dividend was proposed or declared for the period ending 30 June 2023.

Aussie Broadband is a leading Australian provider of internet services.