Alternative Investment Market (AIM)-listed 1pm saw its pre-tax profit escalate to £0.76m (0.99m) in the first half of its financial year, a 25% increase year-on-year.
The corporate finance provider has also witnessed a 31% increase in revenue, in the six months ended in 30th of November compared to the corresponding period last year. The company’s revenue rose from £1.95m to £2.56m.
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Growth was seen in the company’s operational portfolio which reached £24.3m, marking a rise of £6.6m year-on-year.
1PM results also revealed a new record in monthly sales, which exceeded the £1.5m barrier in October.
The shareholders of the company, who provides finance to the SME sector, benefited from an 18% increase in earnings per share compared to the first half of the previous financial year. At the end of November 2014, 1PM shares were valued at £1.91.
The results are in line with the company’s growth plans, as it wants 2015 to be a ‘transitional’ year.
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By GlobalDataChief executive Maria Lewis said: "As previously reported, the current financial year will be a transitional one for the Company as we invest in additional resources and significantly increase business capacity.
"A key milestone in this process was reached in December when the Group relocated to larger offices to help facilitate the delivery of its strategic aims over the next 3 to 4 years. We plan to recruit up to 20 additional staff over the next 12 months and there will also be investment in new IT systems and business development resources."
