Law firm sees 51% increase in revenue in first full year as listed business
Law firm Knights saw a 51% increase in revenues in its first full year of trading as a public company.
The fast-growing firm saw revenues grow to £52.7m over the last 12 months.
Underlying EBITDA grew by 51% to £11.3m while net debt of £14.1m was £3.7m lower than expected.
The firm, which has offices in Chester and Manchester, was admitted to AIM in June and raised £28.1m through a net placing.
The firm saw an increase in average fees per fee earner by 22% to £131,000 and successfully recruited a net 46 fee earners d... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...