Perspective revenue bump dented by accounting write-down

The company recorded a 65% year-on-year increase in earnings before interest, taxes, depreciation and amortisation to £4.3m, from revenues of £16.3m. However, a £1m "exceptional accounting write-down" and £3m of amortisation resulted in the pre-tax loss, although the group insisted the costs would not affect trading. In 2010, it had recorded a net pre-tax profit of £113,000, from revenues of £11.5m. Overall assets under management across the 24 offices which make up Perspective were up 29% to £2.2bn by the end of 2011. Managing director Damian Keeling said: "We have achieved sig...