Strong earnings represent continued growth amid the pandemic, including the acquisition of Silicon Valley-based NES Financial

San Jose, CA, April 21, 2021JTC Group, an award-winning provider of fund, corporate and private client services to institutional and private clients, announced its 2020 full year results. The London Stock Exchange listed public company reported a 15.9% increase in total revenue to £115.1 million and a 9.4% rise in underlying EBITDA to £38.7 million, with an underlying EBITDA margin of 33.6%.

The rise in revenue was achieved from a combination of net organic growth and growth from acquisitions, of 7.9% and 8.0% respectively. One such acquisition was NES Financial, which is now known as NES Financial | JTC, and a leader in specialty financial administration based in Silicon Valley.

“NES Financial | JTC is the embodiment of JTC’s expanding global reach, experienced management, and cutting-edge in-house technology capabilities,” said Michael Halloran, Group Holdings board member, head of Technology & Strategy, and CEO of NES Financial | JTC. “As NES Financial | JTC continues to build upon its impressive footing in the high-growth US funds services market and ESG-related services, we expect to contribute to JTC Group’s strong results for years to come.”

Read the results in the full press release here.

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