Elixirr makes landmark move to the Main Market, challenging industry convention

Elixirr has officially moved to the Main Market of the London Stock Exchange. This transition marks a significant step in its evolution, strengthening its ambitions to become a world-class consultancy and reinforcing its commitment to building one of the industry’s most dynamic brands.

Since its AIM IPO in 2020, Elixirr has rapidly expanded its global footprint, diversified its services and built a reputation for delivering innovative solutions that help clients navigate today’s rapidly evolving business landscape. This continued growth and demand for the firm’s strong service offering has seen Elixirr more than quadruple its revenue and EBITDA since 2019 with the latest FY 24 results reporting revenue of £111.3 million, a 30 percent increase from the previous financial year. With over 75 percent of revenues now generated internationally and six successful acquisitions completed since IPO, Elixirr is positioned to capture new opportunities and deliver greater value for shareholders.

Progressing to its next growth phase, the move to the Main Market is not just a regulatory milestone, but the beginning of a new chapter. Building on the strong foundation established during its time on AIM, this transition unlocks greater access to capital and liquidity, enhances the firm’s brand recognition, and positions Elixirr to attract world-class talent and global investment. With the Main Market as a launchpad, the firm is ready to accelerate its growth journey, pursue new opportunities at scale, and further cement its status as a leading global consultancy.

Elixirr stands out in the consulting industry for its challenger mindset and equity-driven culture. Over 80 percent of consulting staff participate in the firm’s employee share programme, reinforcing a culture of ownership and alignment with shareholders. The business remains committed to its entrepreneurial spirit, innovative thinking and relentless pursuit of client value as it enters this next phase of growth.

Stephen Newton, CEO and Founder of Elixirr, says:

“The move to the Main Market is a major milestone in our journey as a global, challenger consultancy and one that reflects the hard work, entrepreneurial spirit and relentless drive of the Elixirr team.

“Elixirr’s ability to navigate market cycles, anticipate client needs, and drive innovation has consistently differentiated us. Since listing on AIM in 2020, we’ve made six successful acquisitions, built a talented team across the globe and grown from a £30 million revenue business to a firm generating over £30 million in EBITDA.

This move is not only the next step for us as a global challenger consultancy, but also a strategic leap forward for our shareholders and clients. By joining the Main Market, we are opening up new opportunities for global investment, increasing our visibility and reinforcing our commitment to building a billion-dollar brand while remaining dedicated to nurturing our challenger DNA, delivering outstanding results, and driving sustained value for clients, shareholders and employees alike.”