InterQuest Group 2016 Annual Report Announcement

Pubished 14th March 2017


InterQuest Group plc (AIM: ITQ), the specialist IT recruitment group, is pleased to announce its audited results for the year ended 31 December 2016.

View the full report here.

Financial highlights

  • Revenue decreased 9% to £143.6m (2015: £158.6m).
  • Net fee income decreased 9% to £21.7m (2015: £23.8m).
  • Gross margin improvement to 15.1% (2015: 15.0%).
  • Group operating profit before exceptional items decreased 35% to £3.2m (2015: £4.9m).
  • Statutory loss after tax of £1.2m loss (2015: £3.1m profit).
  • Net cash generated from operating activities £2.5m (2015: £5.8m).
  • Net debt at year end improved by £0.4m to £5.6m (2015: £6.0m).
  • Revenue decreased 9% to £143.6m (2015: £158.6m).
  • Net fee income decreased 9% to £21.7m (2015: £23.8m).
  • Gross margin improvement to 15.1% (2015: 15.0%).
  • Group operating profit before exceptional items decreased 35% to £3.2m (2015: £4.9m).
  • Statutory loss after tax of £1.2m loss (2015: £3.1m profit).
  • Net cash generated from operating activities £2.5m (2015: £5.8m).
  • Net debt at year end improved by £0.4m to £5.6m (2015: £6.0m).

For further information please contact:


InterQuest Group plcPanmure Gordon (UK) Limited
020 7025 0100020 7149 6000
Gary Ashworth, Executive ChairmanKarri Vouri
Chris Eldridge, Chief Executive OfficerDominic Morley
David Bygrave, Chief Financial Officer


About InterQuest

InterQuest Group is an award-winning, specialist technology recruitment business that operates at the forefront of digital transformation. We recruit the in-demand, technical skills that are shaping the new digital economy across analytics, information security, digital, information technology, networks & change management. Collectively, our business provides a cohesive solution for every kind of organisation embarking on a digital transformation journey.