Push into north of England helps drive profits at daily deals business itison

Entrepreneur Oli Norman, who founded itison in 2010, offers staff perks such as yoga and pilates classes.

SCOTT WRIGHT

Aberdeen and Newcastle, grew by 38 per cent to £23.7m, its latest accounts show.

Itison’s previous accounts show it made a profit £1.05m in the period between September 1, 2014 and December 31, 2015. It said this amounted to a profit of £787,000 when adjusted for the 2015 calendar year. Itison, which also runs popular drive-in movie events at locations such as Loch Lomond Shores, has 1.2 million users signed up to receive its daily email. It now works with more than 4,000 clients, including luxury hotels, bars, and events and leisure experiences.

Last year saw the company invest £2.5m in a head office in Glasgow’s Cochrane House, where features include a bar and a fireman’s pole.

Mr Norman, who under a separate venture co-owns Glasgow bars Brel, Sloans, Maggie Mays and The Griffin, said: “We’ve had another great year of growth and results alongside a major focus on R&D investment; building our analytics platforms and new services for the over 4,000 amazing businesses we work with. We’ve also had a lot of fun in the process; building a new world class headquarters, raising hundreds of thousands of pounds for local charities and escorting one of our members to lunch with Leonardo DiCaprio .”