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Trimantium GrowthOps Announces Full-Year Prospectus Earnings Forecast Exceeded by 10%

Trimantium GrowthOps Limited (“TGO” or “GrowthOps”) [ASX:TGO] today announced its financial results for the period ended 30 June 2018, beating its pro forma net profit after tax and excluding amortisation (“NPATA”) forecast by 10% on slightly higher than expected revenues, and cost savings driven by a combination of lower cost of sales from cross-selling to clients across the group, and lower project delivery costs as a result of strong staff support of the Company’s integration efforts.

GrowthOps is an entrepreneurial advisory and operations partner for organisations seeking to develop new products, services and growth strategies. The Company completed its initial public offering (“IPO”) on the Australian Securities Exchange in March 2018, raising $70m at an offer price of $1.00 per share. The IPO proceeds were used to acquire eight non-competing, specialist businesses from across the creative, technology and management consulting industries, which came together to form a single, integrated provider of growth-focused services.

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