Highlights
o Group revenues increased by 35% (November 2015: 50%) to £125.8m (November 2015: £93.5m). Organic growth of 18% (November 2015: 17%)
o Assurance Division revenue increased by 42% (November 2015: 57%) to £104.8m (November 2015: £73.8m) - organic growth 21% (November 2015: 17%)
o Escrow Division revenue increased by 14% (November 2015: 7%) to £18.7m (November 2015: £16.4m)
o Group adjusted EBITDA increased by 15% to £21.3m (November 2015: £18.5m)
o Assurance Division EBITDA increased by 18% to £13.1m (November 2015: £11.1m)
o Escrow Division EBITDA increased by 14% to £10.6m (November 2015: £9.3m)
o Group adjusted profit before tax increased by 5% to £16.7m (November 2015: £15.9m)
o Group profit before tax was £7.4m (November 2015: £7.5m)
o Adjusted fully diluted earnings per share 4.6p (5.0p in 2015)
o Interim dividend maintained at 1.50p (1.50p in 2015)
o Three large unrelated contract cancellations in quick succession and one deferral in the Assurance division impacted rate of growth
o Acquisitions of North American Payment Software Company in September 2016 and Virtual Security Research in November 2016
