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IN BRIEF: Elixirr profits from growth in client accounts in 2021

ALN

Elixirr International PLC - London-based consultancy - Posts increased pretax profit for 2021 as it touts growth in client accounts. ‘The group has seen organic growth in new and existing client accounts, delivering high-quality client service, as we continue to build long-term, trusted relationships with our clients,’ the company explains. 2021 profit rises to £12.2 million from £5.8 million in 2020. Revenue grows 67% to £50.6 million from £30.3 million in 2020.

The company proposes a final dividend of 4.1 pence per share, up 86% from the 2.2p dividend it paid in 2020. For 2022, Elixirr expects revenue to climb further, seen in a range of £70 million and £75 million - which would up as much as 48% on 2021.

Current stock price: 700.00p, up 4.5% on Monday

12-month change: up 77%

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