Marlow-based Reseller Softcat posted profits “ahead of expectations” and steep revenue growth across all business segments.
For the six months until 31 January 2022, gross invoiced income grew by 33 percent to £1.16 billion, while revenue under IFRS 15 grew by 33.6 percent to £770.9 million.
Operating profit increased by 12.4 percent to £64.1 million over the six-month period, while gross profit grew 11.7 per ent to £150.2 million. Average gross profit per customer grew by 12.4 percent to £30,200 with Softcat claiming that it continued to grow its customer base.
Softcat claims that it made “good progress” across all customer segments and across software, hardware and services.