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