S4 Capital APAC sees significant growth in latest results

Calum Jaspan

May 5, 2021 11:20

S4 Capital plc has released its financial results for the first quarter 2021, with the Asia Pacific region seeing significant growth but contributing to less than 10% of the global gross profit.

The digital advertising and marketing service firm has seen continued growth across this quarter, with reported revenue up 71% to £122 million (A$220 million). That figure was up 35% on Q1 2020. Reported gross profit was up 71% to £104 million (A$187 million), up 33% like-for-like.

S4’s latest figures follow on from a growth rate of 27% from the final quarter of 2020, and compare to 19% in Q1 last year.

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Calum Jaspan

Calum Jaspan was news editor at Mumbrella, based in Melbourne. He was also the producer and host of the Mumbrellacast. He left Mumbrella in May 2023.