London, United Kingdom – Asite is pleased to report that the Group has continued its growth and continued to strengthen its global footprint over the past 12 months. For the year ended 30 June 2019, revenue increased by 20.4% to £9,638,308 (2018 - £8,004,773) and operating profit increased 83% to £2,484,169.
Nathan Doughty, Group CEO of Asite, said:
“Asite’s vision is to connect people and help the world build better.
The Asite platform continues to push the boundaries of research and innovation in the field of digital engineering on behalf of our customers. This positions us well to deliver on our strategic plan to become the global leader in digital engineering by integrating supply chains for capital projects and infrastructure developments worldwide.
Our offices across the globe now give us the geographical coverage to fully support our customers worldwide and through investment in our sales and marketing teams within these offices, to achieve our ambitious revenue growth goals.”
Key figures:
- Organic net revenue growth 20.4% to £9,638,308 (2018 - £8,004,773)
- Operating profit increase of 83% to £2,484,169 (2018 - £1,357,702)
- Full-Year revenue split by region as follows:
- UK/Europe - £7,554,115 (78%)
- APAC - £1,106,580 (11%)
- North America - £797,389 (8%)
- India - £180,224 (2%)
The 2019 annual report provides extensive information on the company and its businesses, its strategy and sustainability approach, its achievements, financial performance and governance. The report can be accessed on the following link: Asite 2019 Annual Report.
About Asite
Asite’s vision is to connect people and help the world build better.
Asite’s open construction platform enables organizations working on capital projects to come together, plan, design, and build with seamless information sharing across the entire supply chain.
Asite’s comprehensive range of solutions connect dispersed teams across the lifecycle of capital assets, enabling them to build better and build resilience. With Asite, capital project owners stay at the forefront of innovation, maintaining a golden thread of information throughout a project to facilitate the creation of digital twins.
Asite is headquartered in London's Tech City with regional offices in New York, Houston, Dubai, Riyadh, Sydney, Hong Kong, and Ahmedabad.
For more information about Asite, please contact sales@asite.com
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