ARCTURUS HOLDINGS LIMITEDActive

The principal activity of the group during the year was the provision of book publishing services. Turnover increased to £15,148,349 from £12,574,084 as a direct result of the Covid-19 pandemic ending. With effective control of costs and improvements in margins EBITDA rose from £1,324,642 to £1,530,409. Trade sales in the UK and US, rights sales globally and sales of digital audiobooks performed particularly strongly. Our cashflow is robust and the group is well-positioned to grow future turnover and profitability. Key financial indicators: 2022 2021 £ £ Turnover 15,148,349 12,574,084 Gross profit 4,856,847 4,157,554 Profit before taxation 1,480,152 1,267,126 Earnings before interest tax depreciation and amortisation 1,530,409 1,324,642 Net assets 6,043,723 4,928,145 Future developments The range of our publishing continues to expand and we are strongly positioned to build on this performance through 2022/23 and beyond. Financial risk management objectives and policies As with any organisation, there are varying degrees of inherent and residual business risks associated with its business activities. At Arcturus this is managed by way of a risk management programme. This allows the directors to have an informed knowledge of the level of exposure at any given time and the way those risks are managed in order to mitigate the likely impact on the company's financial assets and liabilities. By implementing various levels of internal control within our organisation, our inherent ri

As described in the company's latest filed accounts.