BID and tender specialist AM Bid has posted record half-year results for the period covering October 2022 to March 2023.
In its ninth year of trading, the business has achieved revenues of £626,337 – a 17% rise when compared with the £535,175 posted for the corresponding half-year period 12 months ago.
AM Bid revealed that as last year saw heavy investment in Ultimate Tender Coach, a DIY bid writing training course, net profit for this half-year is correspondingly higher, rising from £1,551 last year to £63,097.
The results come from both returning and new clients who are said to be realising the benefits that external bid expertise can bring. AM Bid tracks the results that clients achieve from working with them. The firm has had bid success rates independently audited, with the latest half-year stats showing further improvement from 84.6% last year to a new record of 87.9%.
Andrew Morrison, founder & BD director and APMP Global Thought Leader of the Year (2022-23), said, “The business is exactly where I want it to be at this stage in its history. We have now established a brand that is recognised for the professionalism we bring in helping companies large and small to win more bids.
“I would like to thank our high-performing team and our many returning clients for their support in helping grow the business. As we head soon towards our 10th year in business, there will be further exciting developments to watch out for.”
