News

AHMM boosts turnover but losses increase

By 2024-01-10T11:58:00

12608_PRO_OnePortwallSquare_Exterior_05

Source: AHMM

Practice posts pre-tax loss of £1.9m on revenue of £49.9m

AHMM has made a pre-tax loss for the third year running despite increasing its turnover by 14%, the practice’s just-published accounts for the year to March 2023 have revealed.

According to the documents, the firm made a loss of £1.9m in 2022-23, up from a pre-tax loss of £1.0m in 2021-22 and a pre-tax loss of £503,484 the year before.

Conversely, revenue increased in the year to March 2023 – hitting £49.9m, up from £43.8m in 2021-22 and £43.3m in 2020-21.

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