4imprint FY profit to beat analysts' expectations

4imprint said on Friday that pre-tax profit for 2022 is expected to be above the upper end of the range of analysts' forecasts, and not less than $100m following a particularly strong finish to the year.

In a brief update, the company - a direct marketer of promotional products - said unaudited group revenue for the year to the end of December was around $1.14bn, up 45% on 2021.

The unaudited net cash balance for the year-end was $86.7m, up from 2021’s $41.6m, leaving the group "very well-funded" entering the 2023 financial year.

"The board is delighted with the group's progress in 2022, which reflects clarity of strategy, the flexibility and resilience of the business model and the outstanding dedication of the team," it said. "The group enters 2023 with optimism."