NEWS20 September 2013
UK — Brainjuicer saw revenues grow by 4% for the first six months of the year according to its interim results.
The online market research company saw revenues grow to £10.8m for 1H 2013 compared with £10.4m in the first half of 2012 while its gross profits grew by 6% from £8m to £8.5m.
Operating profits and profit before tax both grew by 81% to £1.3m in 1H 2013 compared with £717,000 in 2012.
The company said that the US and UK have been the main drivers of growth with the former, which represents 40% of group revenue, growing by 12% while the States, with 35% of revenue, grew by 9%.
Founder of BrainJuicer John Kearon said: “This has been an encouraging all round first half performance. The combination of resumed revenue growth against a strong comparative period and lower costs has delivered a very strong profit increase.”