IG Group’s Post

Fy 24 quarter results

Digitalisation and the Energy transition. A great period in our Industry for all stakeholders.

From what the Investment Promotion Agency.

The Entryway 2023 Annual Report is here, and it’s more inspiring than ever. In the pages of this report, you’ll discover stories of resilience and transformation — as well as transparent data, financials, and much more. Check it out now! https://bit.ly/4aHSbXU

I’m happy to share we ranked in the Financial Times’ prestigious UK Leading Management Consultants list for the 4th year in a row! 🥉 In this year’s list, we received bronze for our work in the Consumer Goods & Retail, Financial Institutions & Services, Healthcare, Life Sciences, Public & Social, and Travel, Transportation & Logistics industries. Since inclusion in the list is based on how often our clients and peers recommended us, it truly is an honor ❤️ You can learn more over in our Newsroom. #UKLeadingManagementConsultants #FinancialTimes

I’m happy to share we ranked in the Financial Times’ prestigious UK Leading Management Consultants list for the 4th year in a row! 🥉 In this year’s list, we received bronze for our work in the Consumer Goods & Retail, Financial Institutions & Services, Healthcare, Life Sciences, Public & Social, and Travel, Transportation & Logistics industries. Since inclusion in the list is based on how often our clients and peers recommended us, it truly is an honor ❤️ You can learn more over in our Newsroom. #UKLeadingManagementConsultants #FinancialTimes

This year we turn 1️⃣5️⃣, and looking back to 2009 with £0 revenue and making a loss in our first few months, we have come a long way....thank you for the support and commitment. This week has been a hectic one - annual results, investor roadshow, travel.....but I'm very proud to share a snapshot of FY23. Whilst a little late posting our FY23 results personally, I should probably start by thanking my great team at Elixirr for doing it in good time! 😁 FY23 was another brilliant year - one not possible without the best clients, amazing people, supportive investors and a focussed ambition. Some highlights include: ✅ A 20% increase in YoY revenue, with FY 23 revenue totalling £85.9m (FY 22: £71.7m) ✅ Adjusted EBITDA increased by 24% to £25.4m (FY 22: £20.5m) ✅ Profit before tax increased by 40% to £22.1m (FY 22: £15.7m) ✅ Strong momentum going into FY 24 with three record revenue months in Q1 2024 and a strong pipeline for the remainder of FY 24 Here's to a great FY24 and seeing what the next 15 years brings 👍 #msh #Elixirr #entrepreneurs #consulting #data #AI #innovation #digital

Here’s a summary of last week’s key financial events: 1. U.S. Equities: Started weak due to Chinese market concerns but rallied mid-week, with the S&P 500 hitting new all-time highs twice. Major indices (S&P 500, Nasdaq, Russell 2000) rose 1%. 2. Sector Performance: Technology led gains; financials followed, boosted by strong earnings from J.P. Morgan and Wells Fargo. Utilities lagged, dropping 2.5%. 3. Consumer Credit: Increased by $8.9 billion, lower than expected. Bond Yields: 10- and 30-year bond yields rose significantly. 4. Energy: Prices remained stable despite Middle East tensions, due to increased U.S. production. 5. Trade Deficit: Narrowed by 10.8%, the lowest in five months. Consumer Sentiment: Dropped slightly, while small business sentiment saw a minor increase. Inflation: Dropped to a three-year low, but core prices remained high. 6. Labor Market: Unemployment claims rose, partly due to hurricane impacts. 7. Eurozone: Retail sales and investor confidence improved; UK GDP grew modestly, but Germany’s GDP forecast was revised down. Here’s a summary of the upcoming week: 1. Earnings Season: Financial sector earnings reports will be in focus, following JPM and WFC’s lead. 2. Economic Data: Major reports from the U.S. and China will be released on Thursday, including U.S. retail sales, Philly Fed Manufacturing Index, industrial production, unemployment claims, and NAHB Housing Index. 3. Federal Reserve and China: Investors are watching for U.S. interest rate decisions and potential Chinese stimulus. 4. Hurricane Impact: Recent hurricanes may negatively affect October’s economic data. 5. China’s Data: GDP, industrial production, retail sales, and loan rates will be reported. 6. European Central Bank: A monetary policy statement is expected. End of Week: UK retail sales and U.S. housing starts and permits will be released on Friday. https://lnkd.in/gTH7jwr8 Wickham Financial Group, Inc doing business as Wickham Financial & Insurance Services is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Wickham Financial Group, Inc. and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Wickham Financial Group, Inc. unless a client service agreement is in place.

As we close out the quarter, it's important to assess our performance and prepare for the next one. Follow this guide to review quarter-end results and seamlessly transition to the upcoming quarter. Read it here: https://lnkd.in/exTNZFdy

📊 For the past 20 years, July has stood out as the top-performing month in the market. Explore the factors contributing to this success and strategies for maximizing your investments in our latest blog post. https://ow.ly/zy9X50Sxota