Business intelligence firm ‘strengthened’ by 30% revenue boost

A London-headquartered tech firm has seen its revenue increase by almost a third following the appointments of a new board and senior management team.

Dods Group, which had a complete restructure of its senior team in Q1 of the year ending March 31, has had increased revenues of £27.8m, compared with £21.3m the previous year.

In addition, the firm - which specialises in business intelligence, media and technology resourcing - saw a 13 per cent increase in profit to £8.9m, up from £7.9m in 2019.

The company attributes its strong performance to the successful acquisition and integration of Merit, and subsequent restructure of its management team.

In a statement this morning the firm commented: “Across the organisation we have had a completely new management team in place from Q1 this year, which brings extensive expertise in technology, sales, media and financial management.

“Commercially focused and ‘hands on’ in all areas of operations, the team is also developing a clear strategic plan that aims to take the business to a position which is more technology orientated and is characterised by best-in-class products, increased recurring revenue and stronger margins.”

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