Academia scores higher revenues

Academia has reported revenues of £114 million for its fiscal 2022, which was 34 percent higher than last year.

The company reported it added 40 new staff to the business, bringing its total to 180, to support the delivery of its growing service portfolio from its new headquarters in Hemel Hempstead.

Academia chief commercial officer Mark McCormack said: “Our growth in the last year has been fuelled by customers who need a trusted partner who ensures they have the best technology and support in place for their day-to-day operations.

“We know from our sustained growth in the education sector that where we provide the right combination of services we’re seen as the long-term partner of choice for our clients.”

As part of future plans, Academia says it will build on key partnerships and agreements with Apple, Adobe, and VMware by establishing new strategic vendor partnerships.

The company plans to grow the number of business customers, expand its footprint in the NHS and wider public sector as well as investing in increased capability within managed cyber security and IT assets disposal.

Setting up new regional hubs to support managed services for schools is also on the cards for Academia as it aims to expand the geographic coverage of the IT asset recycling business.

Academia said it would continue to invest in its programme of partnerships with sports clubs which provides schools with free technology resources.

The programme allows qualifying schools to claim a combination of free Acer devices and IT support services from the company with an uptake already in excess of 500 devices in the first three months since launch.