Glasgow-based Incremental has reported its revenues are up 60% over the last financial year, rising to £6.6 million with the earnings before interest, taxes, depreciation and amortisation (EBITDA) up 100% to £1M. The company is now projecting revenues approaching £15M for the financial year 2019.

Over the last 12 months, the company has moved into a new headquarters in Glasgow’s Garment Factory, opened an office in Manchester, taking it to five locations across the UK and acquired Cheshire-based Gap Consulting. The company now has 120 members of staff across the UK.

Incremental is targeting revenue of £60M, EBITDA of £10M and a workforce of around 500 by 2022.  The company is also pro-actively addressing the issue of gender balance within the tech sector, with 45% of the Incremental team being female.

Incremental Group

Incremental works alongside commercial and public sector organisations to enable digital transformation, with a particular focus on Microsoft Dynamics. The company also provides intelligence, cloud, applications and consultancy services.

The group’s customer base includes Aberdeen City Council, Aggreko, Air Liquide, ASCO, BP, Harbro Hoover Ferguson, Proserv, Scottish Leather Group, The Scottish Government and Total. With a growing customer base in oil and gas, public sector and manufacturing, Incremental is also increasingly targeting the professional services and large corporate markets.

Incremental Group was launched in November 2016 by a group of Scottish technology industry executives, including CEO Neil Logan, formerly CTO of Lockheed Martin BTS and Chairman of The Data Lab.  It is backed by venture capitalist Maven Capital and Scottish Investment Bank, with support from Clydesdale Bank.

Incremental Group’s CEO and co-founder Neil Logan said:

“The team has a strong sense of purpose, vision, ambition and shared values.  Our growth strategy has been to harness this, widen our service offering, diversify across sectors and strengthen our coverage across the UK.

“Not only do we want to build one of the UK’s most successful digital technology companies, we want to do it in an inclusive way.”