Agilitas IT Solutions has announced a 21.8 per cent year-on-year increase in EBITDA profits as the result of consistent company growth, geographic expansion and the introduction of six new service propositions in FY19/20.
All underpinned by increased supply chain automation, Agilitas has seen its turnover grow to £14.038 million in FY19/20, with EBITDA earnings amounting to £3.829 million. This represents 75 per cent of business being associated with recurring revenue streams, plentiful new logo wins, and partners benefiting from the leverage and aggregation of recent infrastructure investment.
Agilitas is continually introducing new propositions to align with channel partner demand. In FY19/20, the company introduced six new service offerings that include SMART logistics, EPOS and Printer maintenance and Device-as-a-Service. New additions to its channel partner portfolio include ‘Born in the Cloud’ providers who are adopting Agilitas’ software enabled Inventory-as-a-Service to bolster their own service proposition.
As part of a major business transformation initiative, the company’s Nottingham-based international logistics hub, which is now supporting over 67 countries, went through significant expansion alongside increased supply chain automation to help reduce operational overheads whilst enhancing the customer experience. The business delivers its services to an increasing number of UK channel businesses that are expanding on a global scale and has recently welcomed a further 20 countries as part of its international expansion plans.
Shaun Lynn, CEO of Agilitas said, “as a company with a passion to innovate, we are continuously looking to improve our partner services portfolio, to put their needs at the heart of our business. COVID-19 restrictions have only accelerated our approach to innovation. From enhancements to our online quoting portal, AssureMeNow, to other services designed to help our partners during this challenging time, we still maintain our world-class support services which have produced tangible results for our partners both in the UK and internationally.”
2020 also saw the launch of Agilitas’ latest research-led, insight campaign, ‘CONNECT - Voice of the Channel’. The campaign provides a barometer for the technology channel industry and continues to assist partners in shaping their own strategy, helping them to build and strengthen connections across growing networks. As well as the Channel Confidence Index, Agilitas has also been releasing quarterly ‘how-to’ eBook guides.
Shaun added, “We are extremely proud of our company’s performance which is a true testament to the amazing Agilitas team, whose members continue to go the extra mile on behalf of our customers. Our aim is to ensure this growth remains consistent in the years ahead and, to achieve this, we need to continually invest in the right people, technologies, processes and facilities to embrace the opportunities facing us.”