UKFast announces 16th consecutive year of growth
Cloud infrastructure firm UKFast has announced its 16th consecutive year of growth.
The Manchester technology brand had a £5 million increase in recurring revenue in 2015 and EBIDTA (earnings before interest, taxes, depreciation and amortisation) of £16.2 million.
CEO Lawrence Jones said: “The last year has been the most exciting year of our 16 so far.
“We’ve added more big brands and enterprise clients than ever before. A particular highlight for me was winning the account with JCB.
“They are an iconic British business, a unique ‘stand out’ brand and one I am tremendously proud to host.
Revenue for its eCloud range grew by 82.9% between 2014 and 2015, contributing to 18% overall growth in 2015.
The increasing popularity of UK-based cloud products is expected to deliver even more impressive results in the coming year.