Gamma sees significant revenue and gross profit growth

IS
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Andrew Belshaw, Gamma's CEO, believes the company to be strongly prepared should any economic turbulence arise, with revenue and gross profit having risen to a collective £484. 6m and £247.7m in the 12 months prior.

The UK Indirect Business saw revenue of £295. 9m, rising 10%, and gross profit at £155. 6m, up 9%. 

Additionally, the Direct Business received a 10% revenue increase to £115. 5m and a 9% increase in gross profit to £57m due to new customer wins.

Belshaw said: “Gamma remains well placed to navigate any macro-economic headwinds that may occur. We have a high degree of recurring revenue and expect to continue to be strongly cash generative.

“We have a healthy balance sheet that will allow us to continue investing in the business as well as supporting organic growth with acquisitions.”

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