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NEWS24 July 2013

Ebiquity posts 21% rise in annual revenue

Financials UK

UK — Ebiquity, a media and marketing performance measurement company, saw revenues grow 21% for the year ending 30 April 2013. 

According to its final results, published today, total revenue was £64m compared to £52.9m the year before, while reported profit before tax was up 148% to £6.6m compared with £2.6m the previous year. 

Ebiquity said it saw a record renewal rate of 93% while cash generated from operations increased from £2.5m to £7.5m.

CEO Michael Greenlees (pictured) said: “These strong results reflect the culmination of a number of key strategic acquisitions that have enabled Ebiquity to take a leading position in the growing global media and marketing performance sector.

“We continue to invest in our products and are close to launching a number of new tools that will enable our clients to better measure their business performance.”

@RESEARCH LIVE

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