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Alpha Revenues to Rebound from GBP 15.3M in 2018 Says Company Director

Alpha Revenues to Rebound from GBP 15.3M in 2018 Says Company Director

  • Language service provider (LSP) Alpha CRC was founded in the late 1980s in the UK, and has a presence today in other parts of Europe as well as Asia, Brazil, and the US. On December 23, 2019, the LSP filed its financial report for the year ending December 31, 2018.
  • Revenues for 2018 dropped by 8.4% to GBP 15.3m (USD 20.1m), compared to 2017 revenues of GBP 16.7m. This marks the third consecutive year of declining revenues since 2015, when the company achieved revenues of GBP 19m (USD 25.1m).
  • In terms of the bottom line, Alpha managed to generate a small operating profit of GBP 0.375m, in line with the prior year’s GBP 0.395m. While admin expenses remained constant at roughly GBP 4m, the company’s cost of sales fell by GBP 1.1m (i.e., proportionately in line with revenues).
  • https://slator.com/financial-results/alpha-revenues-to-rebound-from-gbp-15-3m-in-2018-says-company-director/

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