Turnover and pre-tax profits jumped at a Manchester media agency, which has has counted bet365 as its major client since it was founded, during its latest financial year.
The Freethinking Group, the parent company of Republic of Media, has reported a turnover of £84.7m for the 12 months to the end of March 2021, up from £73.9m.
Its pre-tax profits also increased from £1.5m to £2.2m over the same period.
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Republic of Media is an independent communications planning and media buying agency and has also worked with the likes of Highland Spring and Scotrail.
The business is headquartered in Manchester and also has an office in Edinburgh.
Republic of Media itself has posted the same turnover levels as its parent company while its pre-tax profits went from £781,563 to £1.6m.
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A statement signed off by the board said: "Turnover increased by over 14.5% on the prior year, primarily due to an increase in Republic of Media's key client activity but also due to strong growth across other group companies.
"Group revenues also increased by over 14.5%, delivered as a consequence of maintenance of overall margin during what was predicated to be an unpredictable trading period.
"This, allied to a cautious approach to expansion and significant decreases in several (cost) areas of our business, resulted in a year-on-year growth in pre-tax profits of 40%.
"Previously, the board had identified that we had a significant percentage of total income being generated from one client, and this reliance carried a degree of risk.
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"The aim of the directors is to gradually reduce this by continuing to augment the core offering through product diversification, whilst retaining and growing the existing client base.
"This strategy has continued with the proportion of revenue from that client down significantly to a historic low.
"The Covid-19 pandemic had some impact in the financial year to March 2021 with several clients deferring spends out of the year.
"The company believes the outlook for the business is positive as we continue to emerge from the uncertainty created by the Covid pandemic."