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$28 million Evolve acquisition boosts NES Fircroft result
NES Fircroft Australia's acquisition of Evolve Scientific Recruitment helped boost an already strong set of financials for the merged entity, with overall profit nearly doubling on a big jump in revenue.
NES Fircroft reports to a 31 October year end and its latest result filed with ASIC shows revenue jumped 63% year-on-year to $271.9 million in 2023 and gross profit surged 98% to $26.1 million.
Profit before tax was $3.5 million, up 92% and net was $2.2 million, up 88%...
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