Company: LBTYK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001570585-25-000223
Chunk: 123

Company: Liberty Global Ltd.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 123
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$(2.3)$(6.3)$— $(6.3)ARPU(1.0)— (1.0)(3.6)— (3.6)Decrease in residential fixed non-subscription revenue— (0.1)(0.1)— (0.4)(0.4)Total decrease in residential fixed revenue(3.3)(0.1)(3.4)(9.9)(0.4)(10.3)Decrease in residential mobile revenue(0.6)(0.4)(1.0)(1.6)(0.8)(2.4)Increase in B2B revenue— 1.8 1.8 — 3.6 3.6 Decrease in other revenue— (2.1)(2.1)— (2.8)(2.8)Total organic decrease(3.9)(0.8)(4.7)(11.5)(0.4)(11.9)Impact of FX5.3 1.8 7.1 7.2 2.7 9.9 Total$1.4 $1.0 $2.4 $(4.3)$2.3 $(2.0)

Programming and Other Direct Costs of Services, Other Operating Expenses and SG&A Expenses of our Reportable Segments

For information regarding the changes in our (i) programming and other direct costs of services, (ii) other operating expenses and (iii) SG&A expenses, see Discussion and Analysis of our Consolidated Operating Results below.

Adjusted EBITDA of our Reportable Segments

Adjusted EBITDA is the primary measure used by our CODM to evaluate segment operating performance. As presented below, consolidated Adjusted EBITDA is a non-GAAP measure, which investors should view as a supplement to, and not a substitute for, GAAP measures of performance included in our condensed consolidated statements of operations. The following table sets forth the Adjusted EBITDA of our reportable segments:

 Three months ended September 30,Increase (decrease)Organic decrease 20252024$%$% in millions, except percentagesTelenet$358.9 $360.9 $(2.0)(0.6)$(23.4)(6.5)VM Ireland41.8 41.4 0.4 1.0 $(2.2)(