Aussie Broadband (ASX:ABB) has released a statement anticipating a projected EBITDA in the range of A$100M to A$110M for FY24.

The company also expressed optimism regarding gaining new customers in the upcoming fiscal year.

They predict their capital expenditures (CAPEX) for FY24 to fall between A$47M and A$52M.

The firm has cited a robust beginning to FY24, with its broadband services escalating to over 715,000 in the past 7-week trading period of the same fiscal year.

However, they recognize that the current market conditions are difficult, especially in the residential segment.

Aussie Broadband (ASX:ABB) is an Australian internet service provider.