AJ Bell annual profits up 13% to £55m

Annual results for year ended 30 September

Jenna Brown
clock • 3 min read
AJ Bell annual profits up 13% to £55m
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AJ Bell annual profits up 13% to £55m

Pre-tax profits at investment platform AJ Bell were up 13% to £55.1m for the year ended 30 September 2021.

Its annual results, released this morning (2 December) said it was a record year for the business with total customers up by more than 87,000, net inflows of £6.4bn and assets under administration hitting £72.8bn. It added revenue was up 15% to £145.8m compared to £126.7m last year and profit before tax was up 13% to £55.1 million compared to £48.6m in 2020. Andy Bell, CEO said: "Our award-winning platform propositions attracted record levels of new customer numbers and inflows in the year, underpinning another strong set of financial results. Revenue was up 15%, profit before tax up ...

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