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Begbies Traynor Group 20 July 2021 Begbies Traynor Group plc Final results for the year ended 30 April 2021 Strong performance with results ahead of original expectations Begbies Traynor Group plc ( the ' company ' or the ' group ' ) , the business recovery , financial advisory and property services consultancy , today announces its final results for the year ended 30 April 2021 . Financial highlights 2021 2020 £ m £ m Revenue 83.8 70.5 Adjusted profit before tax * 11.5 9.2 Profit before tax 1.9 2.9 Adjusted basic EPS ** ( p ) 6.9 5.7 Basic EPS ( p ) 0.1 0.7 Proposed total dividend ( p ) 3.0 2.8 3.0 ( 2.8 ) Net cash ( debt ) * Profit before tax £ 1.9m ( 2020 : £ 2.9m ) plus transaction costs £ 6.5m ( 2020 : £ 3.2m ) and amortisation of intangible assets arising on acquisitions £ 3.1m ( 2020 : £ 3.1m ) ** See reconciliation in note 5 Operational highlights • • • • • • Strong performance with results ahead of original expectations due to acquisitions and improved trading Revenue growth of 19 % ( 13 % acquired ; 6 % organic ) Enhanced operating margins of 14.8 % ( 2020 : 14.3 % ) Strong adjusted profit growth of 25 % ; statutory profit before tax reflects increased non - cash acquisition accounting charges All areas of the group performed well : о о Business recovery and financial advisory : strong organic performance against a challenging insolvency market backdrop and good returns from acquisitions Property advisory and transactional services : strong finish to the year with recovery in activity levels of lockdown impacted service lines Three earnings enhancing acquisitions completed in the year and a further acquisition following the year end , significantly expanding the group's scale and capabilities ○ all performing in line with expectations and integration projects proceeding well Net cash at year end for the first time , reflecting significant free cash flow from operations and share placing in the year to fund acquisitions Recommended 7 % increase in the total dividend for the year to 3.0p ( 2020 : 2.8p ) , the fourth consecutive year of dividend growth Current trading and outlook • • Business recovery and financial advisory well - placed to continue recent track record of growth : ○ Full year benefit of recent acquisitions Anticipate increase in market activity levels as Government support measures are withdrawn from the second half Property advisory and transactional services to maintain its bounce back : ○ Recovery to normal trading levels following lockdown impact in Spring 2020 о Well - placed to deliver growth in revenue and profits We will provide a further update on activity levels at the time of our annual general meeting scheduled for 23 September 2021