Final Results 14.11.23

Aeorema Communications plc (AIM: AEO), a leading strategic communications group, is pleased to announce its audited results for the year ended
30 June 2023.

 

Highlights:

  • Record operational and financial performance:

  • Revenue up 66% to £20.2 million (2022: £12.2 million)

  • Profit before tax up 25% to £1.0 million (2022: £0.8 million)

  • Strong balance sheet maintained - current cash balance of £1.9 million

  • Proposed 50% increase in final dividend to 3 pence per share (2022: 2 pence per share)

  • Winner of multiple industry awards

  • Investment in business instrumental in growth, retention of clients and increased scope of work

  • Cheerful Twentyfirst - creative brand experience agency

  • 100% client retention and average year-on-year increase in revenue of 47% across flagship clients

  • Cheerful Twentyfirst Inc. - North American creative brand experience agency

  • Key talent hires, including appointment of US President, André Shahrdar

  • Most successful year to date and significant ground broken with new logo brands

  • Eventful - events and incentives agency

  • Year-on-year revenue growth of 140%

  • Returned to profitability

 

The Information communicated within this announcement is deemed to constitute information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 
ResultsPress ManagerCheerful Twentyfirst