Company Reports and Presentations

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Interim Results Presentation 2024
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Interim Results Presentation 2024 video
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Interim Report 2024
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2023 Annual report - for PDF
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2023 Annual report (zip) - for the zip version
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2023 Annual report – for dynamic version
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Results Presentation March 2024
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Five Year Profit & Loss

Year ended 31 December 2023 (£m) 2022 (£m) 2021 (£m) 2020 (£m) 2019 (£m)
Continuing operations          
Revenue 37.3 38.4 39.1 32.4 39.6
Adjusted EBITDA 9.7 8.1 6.4 3.8 4.0
Adjusted EBITDA margin (%) 26% 21% 16% 12% 10%
Adjusted operating profit/(loss) 7.6 4.9 3.2 - (1.2)
Net finance income /(costs) - (0.1) (0.2) (0.3) (0.3)
Adjusted profit/(loss) before tax 7.6 4.9 3.0 (0.3) (1.5)
Net exceptional costs (0.3) (0.1) - (0.2) (4.7)
Other adjusting items (1.2) (1.3) (1.6) (2.1) (1.9)
Profit/(loss) before tax 6.1 3.5 1.4 (2.6) (8.1)
Taxation (charge)/credit (0.8) (1.0) 0.0 0.9 0.6
Profit/(loss) for the year from continuing operations 5.3 2.5 1.4 (1.7) (7.5)
Adjusted diluted earnings/(loss) per share (pence) 4.2 2.5 1.9 0.2 (1.4)

 

Segmental Performance

Year ended 31 December 2023 (£m) 2022 (£m) 2021 (£m) 2020 (£m) 2019 (£m)
CONTINUING OPERATIONS          
Revenue          
Xeim 28.9 30.1 32.1 26.0 31.4
The Lawyer 8.4 8.3 7.0 6.4 8.2
Total Revenue 37.3 38.4 39.1 32.4 39.6
Adjusted EBITDA          
Xeim 9.0 8.1 6.6 4.3 7.2
The Lawyer 3.4 3.0 2.7 2.1 3.2
Central (2.7) (3.0) (2.9) (2.6) (6.4)
Total Adjusted EBITDA 9.7 8.1 6.4 3.8 4.0

 

2019 – 2021 have not been re-presented with regards to discontinued operations relating to the closure of the Really B2B and Design Week brands in 2023. 2022 has been re-presented for discontinued operations in line with the comparatives disclosed in the 2023 Annual Report.