UK SOFTWARE developer and publishing firm Ingenta has had its most successful year to date, growing its pre-tax profit to £2.2m over the past 12 months.
The company also grew its revenue to £10.8m, up three per cent on the previous period ending May 2023.
Ingenta has undergone a massive growth in earnings per share over the last three years, with reported earnings per share of 15.82p in 2023, up from 10.88p in 2022.
The group has also expanded its consultancy arm, with revenues up to £600,000 across its product portfolios.
Its full-year dividend increased 19 per cent from 3.45p in 2022, to 4.1p, with a proposed final dividend of 2.6p per share, which the company said reflected the board's confidence in the group's prospects.
Chief executive Scott Winner said: "Continued growth and expansion of our customer base will be the primary focus in 2024."
Shares in the firm are down over eight per cent in the year to date. The firm closed marginally in the green yesterday.
(c) 2024 City A.M., source Newspaper