GO plc, Malta’s leading integrated communications and digital services group, today held its Annual General Meeting, where shareholders were presented with a landmark set of financial results for the 2025 financial year together with a compelling vision for the future of the Group.
GO described 2025 as “a milestone year on every front” during which it celebrated its 50th anniversary and marked half a century of connecting Malta through continued investment and innovation. The Group also completed its nationwide True Fibre rollout, a €100 million infrastructure programme that firmly positions Malta among Europe’s leaders in fibre-to-the-home connectivity. At the same time, GO cemented further its market leading position as an internet provider and as the island’s fastest-growing mobile operator.
The financial results were equally historic.
“For the first time in our history, GO crossed €254 million in Group revenue, the first time in the company’s history it has exceeded the quarter-billion euro mark, with net profit rising a remarkable 32% year-on-year to €20.7 million, itself a record. Around 30% of that revenue is now coming from beyond traditional telecoms, reflecting the strength of our strategy. We are, at our core, in the business of winning trust. That trust is our most valuable asset, and it is the foundation of our future growth,” said Nikhil Patil, Group CEO of GO plc.
EBITDA grew to €92 million, while operating cash flow strengthened to €73.9 million. The Board is recommending a total net dividend of 16 euro cents per share for 2025, the highest ordinary dividend paid in five years, as part of a seven-year track record that has returned over €162 million to shareholders.
Going Beyond Telecoms
Critically, approximately 30% of Group revenue now derives from activities beyond traditional telecoms services, a deliberate and accelerating strategic shift. Subsidiaries including BMIT Technologies, AQS Energy, SENS Innovation, Connected Care, Cybersift, Klikk, GO Ventures and Cablenet in Cyprus are each contributing to a broader digital and energy ecosystem.
“In a year of rapid technological change and rising customer expectations, GO did not simply keep up the pace, it led. The GO Group exists to make people’s lives better, not just to sell services. Long-term investment and shareholder returns are not in tension at GO. They go hand in hand,” said Lassaad Ben Dhiab, Chairman of GO plc.
Over the past five years, AQS has installed more than 50,000 photovoltaic panels, generating over 25 million kWh of electricity and avoiding roughly 10,000 tonnes of CO₂ emissions. Connected Care supports over 10,000 individuals in living safely and independently at home. Klikk delivered 46% year-on-year revenue growth.
Cybersift is protecting Malta’s digital ecosystem and has expanded its collaboration to Cablenet in Cyprus. GO Ventures backed Airalo, which has since achieved unicorn status, delivering multiple returns on the original investment. Meanwhile, BMIT made a strategically significant €25 million investment for a 49% stake in Malta Properties Company.
“Non-telecom revenue now stands at €68.2 million and continues to grow. This is not accidental. It is the deliberate result of a strategy to build a broader digital and energy ecosystem around our core business, one that deepens customer relationships, creates new revenue streams, and strengthens our resilience. I am pleased to report that 2026 has started strongly, with revenue growing at approximately 11% year-on-year,” said Reuben Attard, Chief Financial Officer of GO plc.
With GO’s peak infrastructure investment cycle now complete, capital expenditure normalising, and a diversified revenue base continuing to grow, GO is now entering the next chapter from a position of considerable strength.
“We have built the best digital infrastructure on the island, we are one of the most trusted brands in Malta and we have a talented and highly engaged team. The best of GO is still ahead of us,” concluded CEO Nikhil Patil.
