Business
Financial results to 31 March 2017
Financial results to 31 March 2017.
About this update from System1 Group Plc
[{"type":"text","content":"\n \nRNS Number : 1219I System1 Group PLC 15 June 2017 \n\n \n \n \n \n\n\n\n\nPress Release \n\n\n15 June 2017\n\n\n\n\n \n \nSystem1 Group PLC (AIM: SYS1)\nformerly BrainJuicer Group PLC\n(\"System1\" or \"the Group\" or \"the Company\")\n \nFinancial results to 31 March 2017\n \n \nSystem1, the international marketing and market research agency, today announces its results for the 15 month period ended 31 March 2017.\n \nAs previously announced the Company has changed its year-end from 31 December to 31 March, and this is the first financial reporting period adopting the new year-end date.\n \nIn order to show how the Company has performed over this 15 month period compared to prior 12 month periods, the Company has produced pro forma unaudited financial results for the 12 months ended 31 March 2017, and will also draw on the unaudited financial results for the 12 months ended 31 December 2016 (previously announced, on 9th February 2017). Wherever mentioned, \"2016/17\" refers to the 12 months to 31 March 2017 and \"2015/16\" refers to the 12 months to 31 March 2016; \"2016\" refers to the 12 months to 31 December 2016 and \"2015\" refers to the 12 months to 31 December 2015.\n \nGrowth over the 12 months ended 31 March 2017\n\n\n\n\no \n\n\n27% revenue growth to £32.80m (2015/2016: £25.92m), 13% in constant currency\n\n\n\n\no \n\n\n29% gross profit growth to £26.98m (2015/2016: £20.99m), 15% in constant currency\n\n\n\n\no \n\n\n25% increase in profit before tax to £6.28m (2015/2016: £5.03m)\n\n\n\n\no \n\n\n19% increase in profit after tax to £4.03m (2015/2016: £3.4m) \n\n\n\n\no \n\n\n22% increase in fully diluted earnings per share to 31.1p (2015/2016: 25.4p)\n\n\n\n\n \nGrowth over the 12 months ended 31 December 2016\n\n\n\n\no \n\n\n24% revenue growth to £31.24m (2015: £25.18m), 15% in constant currency\n\n\n\n\no \n\n\n27% gross profit growth to £25.64m (2015: £20.25m), 15% in constant currency\n\n\n\n\no \n\n\n38% increase in profit before tax to £6.20m (2015: £4.50m)\n\n\n\n\no \n\n\n31% increase in profit after tax to £3.97m (2015: £3.03m) \n\n\n\n\no \n\n\n33% increase in fully diluted earnings per share to 30.3p (2015: 22.7p)\n\n\n\n\n \nCashflow\n\n\n\n\no \n\n\n£8....