Imagine Publishing was today recognised for the second successive year by the annual Sunday Times BDO Profit Track 100 league table as one of the UK’s best performing private companies in terms of profit growth.
According to accounts audited between 2010 and 2013 Imagine demonstrated a profit growth of 43.2%. This remarkable performance was achieved against the background of a tough publishing market, and was driven by Imagine’s clear focus on overseas growth and successful print and digital launches, including knowledge magazines How It Works and All About History, says the company.
Imagine was formed by members of the current management team in 2005 and is now a worldwide content producer with key brands in print, online and on digital formats.
According to the company, Imagine has a successful portfolio of magazines, bookazines, digital editions, websites, apps and eBooks focusing on four key technology market sectors (technology; knowledge & science; photography; and videogames). An Imagine magazine is purchased every ten seconds and the company has a monthly reach of 5.7 million readers. Imagine has a long track record of organic growth, delivering revenues of £18.5m, and industry leading EBITDA margin of 30.3% in FY13, achieved due to its multiple profit streams, alongside strong operational efficiency and tight cost control.
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