Revenue more than tripled at professional services group K3 Capital during its latest financial year while its pre-tax profits also jumped by almost a fifth.
The Bolton-headquartered firm has reported a group revenue of £47.2m for the 12 months to the end of May 2021, up from the £15m it posted for the prior year.
The listed company's pre-tax profits also increased from £6.4m to £7.6m while its adjusted EBITDA went from £6.8m to £15.7m.
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During the year K3 Capital completed five acquisitions as well as an equity fundraise of £30.5m.
Two new service lines were also launched as well as a joint venture.
Non-executive chairman Ian Mattioli said: "I would firstly like to put on record my sincerest gratitude to my fellow board members and all employees at K3 Capital Group for the utmost professionalism and dedication shown to the company over the past 12 months.
"The growth journey that the company has been on throughout FY21 is nothing short of remarkable and could not have been achieved without the aligned interests of all stakeholders in taking the company into its next phase.
"We are delighted to have welcomed Knight Corporate Finance and Knight R&D to the group post year-end, which the board expects to be immediately earnings enhancing and represent a complementary extension to the group's M&A and tax divisions.
"The board remains positive for the outlook in FY22 and beyond due to robust pipelines and continued increases in major KPIs across the group."
Following the end of the financial year, the group also raised a further £10m to fund future acquisitions.
Chief executive John Rigby added: "FY21 has been nothing short of a transformational year for K3 Capital Group plc, and I am delighted with both the financial and operational performance of the business in the face of the significant challenges and impact of the Covid-19 pandemic.
"We have created what is now a cyclically balanced group with an increasingly robust model, which we feel can deliver growth and success across the entire economic cycle and offers a greater degree of visibility and predictability in its revenues and profits.
"We have started FY22 positively, with early months' trading in line with market expectations as we continue delivering our growth strategy across the group.
"I have been encouraged by the positive momentum and strong WIP pipelines brought forward by each of the group's divisions -into FY22, and we are excited by the prospects for the current financial year and beyond."
