Wednesday, 24 January 2018
Unicorn Training Announce 42% Sales Growth and Purchase of Socrates Training
Unicorn Training have announced their sales figures for 2017 have grown almost 42% to £7.8m with an operating profit of over £1m.
Unicorn are gaining good reviews for their LMS from independent commentators such as Craig Weiss who reckons it's the UKs top LMS, whilst they were also recognised with a Gold award within the Simulations and Virtual Environments category at the recent Learning Technologies Awards.
Some of the growth has come from the stake Unicorn purchased in Amuzo in July 2016, but Unicorn do note they experienced double digit growth across each of their main business streams.
Going forward, Unicorn will be looking at their recent acquisition of Socrates Training to drive sales and profits further. Socrates will help to extend their market presence as their expertise is in compliance training work with law firms, accountants and estate agents.
Socrates Training Acquisition
Unicorn Training Reports Another Record Year