Intelliflo, leading provider of web-based business management software to the financial services sector, today announces audited results for the year ended 31 December 2013.
Highlights include:
• Subscription base increases 16% from 8,864 to 10,292 users
• Annual turnover increases by 9% from £12.6m to £13.8m
• Profit, pre-exceptional costs, remains broadly flat at £3.6m
These results come on the back of our continued reinvestment in people and product development, ensuring that Intelligent Office is well positioned to support the needs of our clients large and small.
Nick Eatock, Chief Executive Officer of Intelliflo, commented:
“We are delighted to announce these results and it is hugely encouraging that our sales continue to increase. We work closely with our clients, continually enhancing Intelligent Office to ensure that it offers the most efficient and cost-effective solution available and that it meets users’ ever changing needs.
“Intelligent Office currently has over 11,000 users across over 1,150 firms and with 2014 already looking particularly strong, we expect this to rise further as more advisers turn to technology to increase business efficiencies in a straightforward and effective way.”
Notes to Editors:
Intelliflo (www.Intelliflo.com) has been providing information technology services to financial services companies since its formation in 2004. Its leading web-based business management software, Intelligent Office, helps financial businesses large and small to improve efficiency and increase profits. Intelligent Office supports over 1,150 firms and 11,000 users with assets under advice of £150 billion (as at 31 March 2014).
In July 2013 HgCapital, a leading European private equity investor in B2B technology companies, became a majority shareholder in Intelliflo Ltd. HgCapital has a wealth of expertise in developing web-based software businesses and is committed to supporting the next phase of Intelliflo’s growth.
Intelliflo has won the Professional Adviser ‘Best Technology/Software Provider’ award, voted for by Financial Advisers, every year since 2010.
For further information please contact:
Jo Gilbey
Marketing Director
Intelliflo
Tel: +44 (0)208 481 1111
jo.gilbey@intelliflo.com
Nick Eatock
CEO
Intelliflo
Tel: +44 (0)208 481 1110
nick.eatock@intelliflo.com
