Apadmi hits record annual growth
by Apadmi|Wed Dec 18 2024
Apadmi has delivered record annual growth with its latest accounts to April 2024 showing revenue increase at an impressive 36% year on year.
This number is bolstered by a 156% increase in EBITDA across Apadmi Group Ltd, which includes locations in Manchester, Edinburgh and Amsterdam.
It has been a busy year for the digital product consultancy which has delivered transformational mobile experiences for several new clients, including leading grocer Asda, Currys ID Mobile, Norwegian Airlines and Strawberry Hotels in the Nordics and UK retailer Poundland.
That comes alongside work with longstanding existing clients like Domino’s, Co-op, Sainsbury’s Bank and the NHS, as well as leading child development app The Wonder Weeks in the Netherlands.
As a mobile experience partner to leading brands, Apadmi has built a fierce reputation for creating mobile digital products which support businesses across retail, financial services, utilities and healthcare.
Apadmi CEO Garry Partington said: “We’re thrilled to have delivered such fantastic financial results this year. This clearly shows the value businesses are deriving from having great mobile experiences and reinforces Apadmi’s ambition to become Europe’s recognised leader in the creation of digital products. There’s more to come and we’re really excited by what lies ahead.”
After expanding into the Dutch market in 2022 and then taking on investment from Private Equity firm CBPE at the back end of 2023, further growth into Europe is planned for next year.
Apadmi Chief Financial Officer Ken McPherson said: “We have doubled our top line number in two years and to deliver such positive growth results for both revenue and Ebitda across the business is testament to the great work being done by both our Apadmi people and our clients.”
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