Frontier IP chief executive Neil Crabb speaks to Proactive about the company's full year results to the end of June. Among the highlights were a 27 percent increase in revenue and a 75 percent increase in profit before tax.
Crabb says: ''Clearly we've been planning for growth and it's good to see that coming through. We're particularly pleased with the growth in the underlying portfolio which is reflected in turnover of 2 million for the period and EPS of 4p per share.''
''Importantly we're receiving our equity stakes in return for our services primarily rather than investing which is typical for the peer group companies ... within that we've seen growth coming through in a number of the portfolio companies but also importantly a number are still to have their first fundraising events and therefore we think there is some latent value within the portfolio.''