Financial Results

  • Gamma posts 23 per cent growth in interim accounts

    Gamma claims its financial performance only felt a minor impact from Covid-19 with the UCaaS vendor seeing profits rise 32 per cent to £217.4 for the first half of its fiscal 2021.
  • razorblue sharpens focus on £20m target following record year

    The 2020-21 financial year has been the most successful to date for managed IT service provider razorblue which saw its turnover swell by 32% to make it a £9m outfit.
  • SysGroup posts 18 per cent profit rise

    Liverpool-based MSP SysGroup saw profits rise by 18%, from £1.7m for the year end 31 March 2020, up to £2m for the year end 31 March 2021.
  • Indigo ramps up following record growth

    Indigo's revenues spiked £18m from £32m to £50m in its last financial year, spurred by hot demand for connectivity during the pandemic. 
  • Exertis posts 15% jump in sales 

    Exertis reported a 15% jump in sales for the year and an 11% rise in profits. Revenue rose to £4.48bn and operating profits reached £72.4m at the DCC Group subsidiary.
  • YCG eyes £10m turnover

    London-based reseller Your Comms Group (YCG) has grown turnover by 25% in its latest financial year, with figures rising from £3.7m to £5m.
  • BT registers profit dip but ‘pivots to predictable growth’

    BT Group has reported a slight dip in revenue and profit in its full year financial results in line with expectations.
  • Cisco reports flat Q2 - continues services focus

    Cisco has reported flat sales growth for the second quarter, reaching the same $12bn in revenue as last year for the three months ended 23 January. 
  • Kaseya grows 20% in 2020

    The expansion of its IT Complete platform, acquisition of phishing defence solution Graphus and launch of a Covid-19 assistance programme helped Kaseya generate record earnings and expand by over 2
  • Softcat highlights positive H1 performance

    Infrastructure services firm and reseller Softcat has issued a positive trading update for the half year to 31st January 2021, with strong demand from the public sector in particular.

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