Pre-tax profits at Starlink Internet Services Ltd in Ireland reached €16.16m/$13.87m, reflecting nearly double earnings from the previous year.
Revenues surged by 94%, increasing from $358m to $693.79m due to robust sales to residential and enterprise customers.
The company’s turnover rose sharply, driven by a rise in broadband and telecommunications sales in multiple countries.
Starlink confirmed its operational capacity with over 6,750 satellites, enhancing connectivity for users in underserved regions.
Directors anticipate ongoing global growth as demand for high-speed, low-latency satellite internet continues to escalate.
A statement shared: “Turnover rose significantly driven by a substantial increase in sales to both residential and enterprise customers. Starlink is expected to continue its rapid global expansion, driven by increasing demand for high-speed, low-latency satellite internet.”
