Print Published 15th Dec 2010, 09:12

Fuse 8 reports underlying profit after AIM debut

Fuse 8, the digital marketing agency launched on AIM in July this year, has reported an operating profit of £229,000 before non-recurring costs for the six months to 30 September. 

That profit represented a reduced – but still creditable – operating profit margin of 14% on a 5.5% increase in revenues.  In the corresponding period of 2009, the reported operating margin was unrealistically high at 25%.