SSP reports rising profits

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Software house posts £16.6m profit before tax and increase in revenue for the year to 31 March 2016.

SSP has posted a pre-tax profit of £16.6m for the year ended 31 March 2016.

According to its income statement published on Companies House, this is a sharp increase from the £7.9m profit it posted in the preceding year.

The software house also reported a revenue of £69.6m for the year (2015: £68.5m) and an operating profit of £13m (2015: £12.9m).

SSP confirmed that these results covered the whole business, including its broker network Keychoice.

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