In a remarkable achievement, North West digital agency Ixis has reported a significant financial upturn, following its management buyout.
Having experienced a 50% growth in revenue and a remarkable 2.8 times increase in operating profits, Ixis stands poised for an innovative year ahead, driven by strategic expansion and innovative service offerings.
Ixis has nearly tripled its operating profits in the first full financial year post-management buyout. The firm, with offices in Manchester, Warrington, and London, saw its revenue climb to over £1.7 million, a notable increase from £1.1 million during the previous year. The impressive surge in operating profits, from £227,000 to £638,000, underscores the strategic growth initiatives spearheaded by the agency.
Managing Director Mike Carter attributes this success to the team’s hard work and creativity, emphasising the positive influence of the management buyout. Carter stated, “I couldn’t be happier to be reporting financial success on this scale.”
This strategic shift aims to broaden Ixis’s service offerings, providing clients with enhanced flexibility and bespoke solutions, ultimately improving their digital presence and operational efficiencies.
The focus remains on retaining their specialist expertise within open-source platforms while exploring new opportunities in tech advancements to keep clients ahead in the digital sphere.
By fostering innovation and adopting a proactive approach, Ixis is set to turn potential challenges into significant opportunities for growth and success.
His vision for expansion and commitment to excellence have been critical drivers of the agency’s increased profitability and market presence.
As Ixis looks towards 2019, the agency is gearing up for another exciting year. With plans to further innovate and expand its digital solutions, Ixis is well-prepared to meet the evolving needs of its diverse clientele.
Ixis’s financial triumph post-buyout and its strategic plans for diversification highlight its forward-thinking approach.
With strong leadership and a commitment to innovation, the agency is well-positioned to continue its success story into the future.