Company behind Daft and DoneDeal increases profit by a third

It made a profit before tax of €12.2 million, which was up from €9.5 million the year before. After tax, it made a profit of almost €10 million, which was up from €7.5 million, and which was transferred to reserves. Turnover came to €41.4 million, up from €36.7 million.

The accounts show the group increased its headcount from 140 to 148, and increased spending on staff from €12.6 million to €14.2 million.The resulting joint venture company, Distilled Ltd, is 50 per cent owned by the Fallons, who hold their shares through DML Capital Unlimited – also Journal Media’s ultimate parent company – and 50 per cent owned by Adevinta, a Schibsted spin-off.

It flagged other risks including the failure to adopt new advertising formats or to attract new users or monetise existing traffic.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Long-awaited strategic review at Ires rules out sale of companyIres Reit to sell 8% of apartment portfolio over five years
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »

‘A matter of days’ from insolvency: How an Irish company came back from the brinkInside Business podcast with Ciarán Hancock
مصدر: IrishTimesBiz - 🏆 6. / 77 اقرأ أكثر »

Galway-based wastewater company Glanua buys UK firm Aqua OperationsGlanua, which generated revenues of €150m in 2023, said it plans to continue expanding
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »

Northern Ireland company wins €34.9m cruise ship fit out contractDeluxe Group will use 3D digital technology in the design and manufacturing in meeting the project timelines
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »

Profits rise at investment company owned by former Glen Dimplex chief Sean O’DriscollRoaring Waters Capital Ltd, which is owned by former Glen Dimplex chief executive Mr O’Driscoll and his wife, made a profit for the year of €5.9m
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »

INM report finds deal with Denis O’Brien company would have required board approvalInspectors’ report finds no breaches of Companies Acts following inquiry initiated in September 2018
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »