- Big debt pile relative to net assets
- But Inflexion deal due to complete by May
The year 2023 was one of strong growth for GlobalData (DATA). The Aim-traded group increased organic sales by 7 per cent, which caused operating profit to jump by 32 per cent to £73.7mn. The benefits of GlobalData’s business model are on full display here: given the largely fixed cost base, profits swell rapidly as demand picks up.