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Jelf profits shoot up by more than 200%

jelf

Jelf has reported a 235% jump in profit, to £2.8m for the year ended September 2011, up from £0.9m for the year ended September 2010.

Profit before income tax shot up by more than 1,000%, from £0.3m in 2010 to £3.2m for the year ended September 2011.

Revenue for the broker also climbed, from £70.4m for 2010 to £72.1m for the year ended September 2011, an increase of around 2.5%.

Investment revenues were reported at £65,000, more than double the result for the year ended September 2010, which stood at £32,000.

EBITDAE grew slightly from £9.8m for the year ended September 2010 to £10.1m for the year ended September 2011.

Goodwil

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