UK digital marketing company SocialAmp has announced record profits and plans for global expansion.
Founded in 2017, the business provides paid digital services to a clients including Boohoo, Pretty Little Thing, MTV, Nickelodeon and Billionaire Boys Club.
SocialAmp has reported 67% year-on-year growth with a £1.5m profit. The company claims to be on track for £5m profit by the end of the next financial year - and is eyeing a public offering within three years.
Founded by four ex-Facebook employees - Matt Collino, 31, Scott McKenna, 31, Andrew Scrase, 31, and Tom Scrase, 30 - the firm specialises in Facebook, Instagram and TikTok adverts, along with Google Search and display advertising.
With early investment from KM Capital, SocialAmp has grown its teams in London and Glasgow to 10 and is aiming to double that by the middle of next year.
Based in London and Glasgow, the SocialAmp team continues to expand and support businesses globally with ten employees which will increase to 20 by mid 2023
Collino commented: “We've been extremely driven to provide a working relationship where we are seen as an extension of the internal team rather than a typical external agency.
“This has helped us create long-standing relationships and understandings of our clients' businesses to help them to be as efficient as possible and drive their growth.”
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