Mobile-focused tech consultancy Apadmi has delivered record annual growth.
The Manchester firm – which designs, develops and optimises digital products for global brands – reported a 36% increase in revenue year-on-year.
The number is bolstered by a 156% increase in EBITDA across Apadmi Group Ltd, which includes locations in Manchester, Edinburgh and Amsterdam.
The company collaborates with businesses across retail, utilities, telcos, financial services and healthcare to define strategies and create innovative mobile experiences. It claims to build the platforms, middleware and processes that enable their success.
Apadmi says that it has been a busy year, which has included working with new clients including Asda, Currys, ID Mobile and Poundland.
“We’re thrilled to have delivered such fantastic financial results this year. This clearly shows the value businesses are deriving from having great mobile experiences and reinforces Apadmi’s ambition to become Europe’s recognised leader in the creation of digital products,” said CEO Garry Partington.
“There’s more to come and we’re really excited by what lies ahead.”
CFO Ken McPherson added: “We have doubled our topline number in two years and to deliver such positive growth results for both revenue and EBITDA across the business is testament to the great work being done by both our Apadmi people and our clients.”
After expanding into the Dutch market in 2022 and then taking on investment from Private Equity firm CBPE at the back end of 2023, further growth into Europe is planned for 2025.
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