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2022 Annual Results

Welcome to Elixirr’s FY 22 Annual Results. On the backdrop of market volatility, the firm has been well placed to support clients with their toughest boardroom challenges – clearly demonstrated in the firm’s performance in 2022.

A message from our CEO

2022 has been the year that truly brought our IPO thesis to life. We’ve been able to demonstrate the effectiveness of our four-pillar growth strategy which has enabled us to deliver exceptional growth – despite tough market conditions.

I’m exceptionally proud of our team who continue to show the dedication and quality that our clients expect – this has been the backbone of our success last year and will continue to be in FY 23 and into the future. With two acquisitions since January 2021, our offering to clients has never been stronger. Coupled with an ever-growing team of the industry’s best talent, I’m certain that 2022 will bring us even more opportunities to go above and beyond for businesses, helping us on our journey to becoming the best consulting firm in the world.

Regards,
Stephen Newton
Stephen Newton signature

Revenue £m (calendar year basis)

Another year of record performance

40 %

Increase from FY 21 to FY 22

Our four-pillar growth strategy

Our four-pillar growth strategy has a proven track record, with the capacity to support our long-term ambitions. In FY 22 Elixirr continued to make great progress in each aspect of this…

Stretch existing Partners

As we grow our Partner team, we aim for each team member to maximise their revenue contribution, supporting the firm’s overall performance. The additional capabilities provided by our acquisitions have expanded the range of services that our Partners can offer to clients, and this helped to increase revenue per partner in FY 22.

Our performance

Our story

1

2009

Elixirr founded

2

2010

First US client

3

2011

First South African client

4

2012

Retail business launches

5

2013

150% growth on prior year's revenue

6

2014

Named 'Best New Consultancy'

7

2015

Elix-IRR rebrands as Elixirr

8

2016

US business launches

9

2017

Den Creative becomes and Elixirr company, initiating our multi-brand strategy

10

2018

Elixirr named as one of the UK's leading management consultants

11

2019

Den Creative reaches c.200% revenue increase since acquisition Airtime launches

12

2020

Elixirr lists with AIM on the London Stock Exchange Coast Digital joins the Group

13

2021

Retearn joins the Group, marking our 2nd acquisition since listing on the London Stock Exchange Stephen Newton named a Global Leader in Consulting

14

2022

iOLAP joins the Group, a specialist technology and data consultancy, marking our first US acquisition and largest acquisition to date

15

2023

Elixirr acquires Responsum, a US-headquartered firm which has developed proprietary AI software Coast Digital and Den Creative rebrands as Elixirr Digital Insigniam joins the Group, pioneers in organisational change and transformation

16

2024

Elixirr acquires Hypothesis, the US-based disruptive insights and strategy firm

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Find out more about our performance over the past year

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