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Record revenues and profits for newly-listed PraxisIFM

Business | Published:

NEWLY-LISTED PraxisIFM has announced record revenues and profits in its first results as a listed company.

PraxisIFM CEO Simon Thornton.

The financial services group went public on the International Stock Exchange in April, just a couple of weeks before the end of its trading year, from which it has reported group revenue up by 26% at £35.1m. and profits after tax of £5.1m., up from £4.47m. the previous year.

The company made four acquisitions over the period and also integrated others into the business, but still achieved a £4.5m. uplift in organic revenues.

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