AJ Bell reports record profit in first annual report since IPO

Profit before tax up 33%

Anna Fedorova
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AJ Bell CEO Andy Bell
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AJ Bell CEO Andy Bell

Investment platform AJ Bell has enjoyed its “most profitable year ever” in its first 12 months since becoming listed on the London Stock Exchange, with profit before tax rising 33% to £37.7m.

Over the year to 30 September, the platform reported a 17% increase in revenue to £104.9m, while assets under administration (AUA) soared 13% to £52.3m. AJ Bell has also managed to grow its customer...

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