Surprise results for US agency

Net income for the year to 30 June doubled to $16.3m (£10.9m), or 77 cents (51p) a share. Revenue increased 32% to $413.5m (£276m), of which 60% came from advisory service fees. Earnings before interest expense, income taxes, depreciation and amortisation (EBIDTA) doubled to $39.5m (£26.3m).

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