Capital Markets Update

Gamma's Capital Markets Day 10/06/21

Gamma is a supplier of Unified Communications as a Service (UCaaS) in the UK, Benelux, German and Spanish business markets.

With a range of Unified Communications, Mobile and Connectivity services, Gamma provides robust and secure solutions that enable organisations to communicate, collaborate and offer a better customer experience.

Gamma’s largest market is in the UK where the company’s network-based services are supplied to SME, Public Sector and Enterprise markets through a network of 1000+ channel partners and its own direct sales and support capabilities. In 2021 Gamma acquired Mission Labs, a well established UCaaS technology business which has built a reputation for creating technologically advanced solutions and delivering great service to its customers and partners. The acquisition of Mission Labs enables Gamma to enhance and expand its cloud contact centre (CCaaS) technology as well as accelerating its digital channel strategy.

Gamma is expanding its UCaaS presence in Europe and has a desire to grow its family of businesses with a focus on digital automation, delivering Gamma-powered services to SME customers largely via a network of channel partners.

In Germany, Gamma owns HFO, one of the leading SIP Trunk and emerging Cloud PBX providers that has an excellent reputation for product quality and service. Headquartered in Oberkotzau, Bavaria, HFO operates nationwide in Germany through a reseller network of over 1,000 partners. Through its Epsilon brand, HFO is also a large B2B mobile distributor in Germany, offering mobile connections from all three major mobile network operators.

VozTelecom is a cloud communications service provider in Spain, primarily focused on the SME market. Headquartered in Barcelona, with offices in Sevilla, San Sebastián and Tétouan (Morocco), VozTelecom is one of the leading SIP Trunk and Cloud PBX providers, offering fixed and mobile communications bundled with Internet access. VozTelecom also owns ComyMedia who provide ICT managed services to the enterprise market in the Basque region.

In the Benelux region, Gamma owns Dean One, a rapidly growing telecom and Internet provider supplying VoIP, mobile and broadband services via 600+ channel partners as well as gnTel, a telecom operator and supplier of complete hosted VoIP solutions to SMEs in Benelux and Germany, selling exclusively through its network of 300+ partners. Other Dutch business units are Nimsys, an ICT specialist for workspaces and multi-tenancy buildings as well as Schiphol Connect, the telecom and Internet provider at Schiphol Airport in the Netherlands.

Gamma is an AIM listed company in the UK and has consistently enjoyed revenue and EBITDA growth. As of 31 December 2020, the company had 1,530 employees operating across all its businesses.


Revenue = £393.8m

Revenue grew from £328.9 in 2019 to £393.8m


EBITDA = £79m

EBITDA grew from £63.5m in 2019 to £79.0m


Profit before tax = £75.7m

Profit before tax grew from £45.5m in 2019 to £75.7m


EPS = 66.6p

EPS (fully diluted) increased by 84% from 36.1p in 2019 to 66.6p



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