In 2023 we committed to investing in technology and specialised talent to accelerate revenue growth and build on our market-leading position. Oxygen’s 2024 results vindicate that decision, with record growth from recurring revenues, unprecedented cashflows and our first ever EBIT profit.
Oxygen thrived in 2024. Our strengthened operational capabilities supported an expanding client base and drove improvement in all areas. Revenue was up 25% to £7.7m and client retention rates were exceptional.
Thanks go to our colleagues, clients and shareholders for their continued hard work, guidance and support over the last 12 months. We are fully invested, profitable and cash generative, and are well placed to maximise the opportunities that lie ahead.
Click the image to download the report.
