Richard Harpham of XP Factory: Substantial growth and transformative step change in scale achieved

Episode 1775,   Jan 18, 10:33 AM

Richard Harpham, Chief Executive of XP Factory #XPF discusses their trading for 2023 where revenues increased by 95% and says they’ve achieved substantial growth and transformative step change in scale.

Highlights

Substantial growth sees XPF double revenues for the second year in a row

Group turnover of circa £44.5m was 95% ahead of prior year (2022: £22.8m)

Exceptional like for like sales growth delivered across both brands in the 52 weeks to 31 December 2023: 

Boom: up 29%

Escape Hunt: up 17%

Record corporate sales at Christmas drove strong like-for-like sales in December 2023 :

Boom: up 50%

Escape Hunt: up 20%

Performance provides confidence of meeting market expectations for the financial year to 31 March 2024

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