Improbable Achieves Profitability in 2023 and Launches Its Venture Bui…

Highlights · Profitability achieved in 2023 - Improbable submitted its filing to Companies House today. In 2023 the company achieved profitability, validating its technology and business. - Excluding one-time items, revenue increased by 37%, to a total of £66 million. - Improbable achieved profitability for the first time, recording £11 million in profit. - The company ended 2023 with a strong cash position of £185 million, driven by successful exits of its initial ventures. - The st...