Quindell Portfolio continues stellar rise

Quindell Portfolio has reported a huge increase in revenues and profits as its software and consulting model aimed at the insurance and telecomms markets continues to do the business.

Quindell Portfolio has reported a huge increase in revenues and profits as its software and consulting model aimed at the insurance and telecomms markets continues to do the business.

Revenue increased from £1.8m in the first six months of 2011 (the year the group went public) to £45.6m in the half year to the end of June this year. That's a rise of 2,404%.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.