Next Fifteen revenue up 19% in fiscal 2011

LONDON: Next Fifteen's revenue grew 18.9% in its 2011 fiscal year to $135.4 million from $113.8 million the prior year.

LONDON: Next Fifteen's revenue grew 18.9% in its 2011 fiscal year to $135.4 million from $113.8 million the prior year.

The company's profit rose more than 41% year-over-year to $8.3 million for the 12 months ending July 31.Organic revenue, which excludes the impact of acquisitions or disposals, was up 11% year-over-year.

The bulk of Next Fifteen's revenue came from technology PR, which accounted for $93.4 million in revenue. Consumer PR earned the company $25.3 million, while digital and research consulting and corporate communications earned it $8.8 million and $7.9 million, respectively, in the fiscal year.

The company also earned the majority of its revenue ($71 million) in North America. Next Fifteen also saw $28.3 million in UK-based revenue in the fiscal year. It earned $20.7 million in the Asia-Pacific region and $15.3 million in Europe and Africa, respectively, for the 12 months ending July 31.

Next Fifteen owns firms including Bite Communications, M Booth, Text 100, and The OutCast Agency.

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