Whisper Films, the television production company co-founded by broadcaster Jake Humphrey and ex-F1 driver David Coulthard, has bounced back into profitability in its latest financial year, reporting a significant increase in turnover.
The firm, also established by BAFTA-winning CEO Sunil Patel, recorded a pre-tax profit of £4.3m for the year ending 31 March 2024, as per recent filings with Companies House.
This marks a turnaround from the previous financial year when Whisper Films reported a pre-tax loss of £334,682.
In its last set of accounts, the company attributed a bad debt write-off during the financial year as the reason it missed out on "significant growth" compared to the preceding 12 months.
The most recent results reveal that the company's turnover soared from £57.4m to £78m over the year, as reported by .
Whisper Films is known for producing coverage of F1, international cricket, boxing, MMA, the women's Super League, the Paralympics, and e-sports.
The group, which includes live sports and non-scripted production company Whisper, Chapter 3 Graphics, and East Media, secured investment from Sony Pictures Television in February 2020.
Whisper, contracted to produce Channel 4's F1 coverage until at least 2026, operates out of London, Cardiff, Maidenhead, and Salford.
Over the course of the year, the average number of employees at the company increased from 232 to 272.
The board released a statement highlighting the company's achievements: "This financial year, Whisper grew its international portfolio which included a new multi-year sports host broadcast contract, long-term renewals of two of its single biggest sports contracts and a large television commercial campaign."
"Whisper has also significantly grown its esports, branded and digital divisions.
"The group continues to grow with continued focus on international markets, as well as gaming.
"Whisper has successful diversified into factual, entertainment and events to complement the wider blend of work across its sports broadcast contracts.
"It has been another successful year for contract wins, with a series of renewals with key clients and a new range of significant projects which will help ensure visibility over the next few years."
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