AM Bid, Scotland’s largest bids and tenders specialist, is reporting record half year results for H1 of its 9th year of trading. For the period 1st October 2022 to 31st March 2023, the business has achieved revenues of £626,337 (up 17% on the £535,175 posted for the corresponding period in 2021-22). As last year saw heavy investment in Ultimate Tender Coach (the DIY bid writing training course), the net profit for this half year is correspondingly higher, rising from £1,551 last year to £63,097 for the current half year.
These record results come from both returning clients and new clients who are realising the benefits that external bid expertise can bring to their work-winning efforts. AM Bid track the results that their clients achieve from working with them. They also have these bid success rates independently audited – the latest half year showing further improvement from the very impressive 84.6% last year to a new record of 87.9% this half year.
Andrew Morrison, Founder & BD Director and APMP Global Thought Leader of the Year (2022-23) commented on the results: “The business is exactly where I want it to be at this stage in its history. We have now established a brand that is recognised for the professionalism we bring in helping companies large and small to win more bids. I would like to thank our high-performing team and our many returning clients for their support in helping grow the business. As we head soon towards our 10th year in business, there will be further exciting developments to watch out for.”