YouGov plc (YOU.L), an online research data and analytics firm, Tuesday reported preliminary profit before tax of 4 million pounds for the full year, 91 percent lower than 44.7 million pounds in the previous year, primarily due to one-time cost of 38.7 million pounds related to the acquisition of CPS.
Excluding special items, adjusted profit before tax declined 21 percent to 45 million pounds from 57.2 million pounds last year.
Operating profit was 10.9 million pounds, down from 44.4 million pounds a year ago. Adjusted operating profit was 49.6 million pounds, slightly higher than 49.1 million pounds.
The company posted net loss of 2.4 million pounds or 2p per share compared with profit of 34.5 million pounds or 30.8p per share last year.
Adjusted profit decreased to 34 million pounds or 28.5p per share from 45.1 million pounds or 40.1p per share a year ago.
Revenue for the year, however, increased 30 percent to 335.3 million pounds from 258.3 million pounds in the previous year.
YouGov intends to propose a final dividend of 9p per share.
Looking ahead, the company expects to meet current market estimations for fiscal 2025.
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