4 years ago today, me and Olly embarked upon a journey that would change our lives, but more importantly positively impact the lives of many others.
We were determined to show that contrary to popular opinion, business could be a force for good.
We set out to create what we felt was the first purpose driven public company, to demonstrate to others that a company could play a role in improving the world, whilst being under the harshest of commercial spotlights that is the public markets.
Initially, the company comprised of the two of us and a presentation that described our vision and our plan. Like all great movements, the most important people were our first followers, specifically the teams at Questers, Manifesto, Notbinary (as it was then) and Bene Agere but also Diana, who by then had joined us full time to help us get to and through the IPO.2 years ago today, we floated the company on the AIM market of the London Stock Exchange and became a real company.
Today we are more than 420 full timers plus contractors. Public services accounts for 70% of our revenue in the latest reporting numbers. Our projects positively impact the lives of countless people. As I write this, our shares are 200p which is 180% above our IPO price and our market cap is more than £140m, up from £30m at IPO.
We lead the way for a public company in our ESG policies. We are the first public company to create an ESG Committee that sits alongside and has equal weight to our Audit Committee and Remuneration Committee. Our employee Net Promotor Score is +46 which is outstanding.
I truly believe we have proven what we set out to prove and that we will continue to do so in the future. In years to come, The Panoply will be held up as a company that showed the way for business in the 21st century and if other businesses follow our lead then we can work to use the near infinite resources that business has at its disposal to solve the world’s problems, all the while giving great returns to our shareholders.