InterQuest Group plc - Final Results 2017

The InterQuest Group is a specialist technology recruitment business operating in high growth areas in the 'new digital economy' and today releases audited results for the year ended 31 December 2017.

View RNS announcement here.

Financial highlights

• Group adjusted operating profit before exceptional items decreased 25% to £2.7m (2016: £3.6m).
• PBT before exceptional items decreased 26% to £2.0m (2016: £2.7m).
• Statutory profit after tax of £0.5m profit (2016: £1.2m loss).
• Net fee income (NFI) increased 3% to £22.4m (2016: £21.7m).
• Revenue decreased 5% to £136.0m (2016: £143.6m).
• Basic earnings per share increased to a profit of 1.5 pence (2016: 3.4 pence loss).
• Diluted earnings per share 1.5 pence (2016: 3.4 pence loss).
• Basic adjusted earnings per share 5.1 pence (2016: 7.2 pence).
• Diluted adjusted earnings per share 5.1 pence (2016: 7.0 pence).
• Net cash generated from operating activities £2.2m (2016: £2.5m).
• Net debt at year end improved by £1m to £4.6m (2016: £5.6m).

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