Intellectual property firm AJ Park improves margins by cost cutting

Intellectual property firm AJ Park has improved margins. (Image: Getty)

Fri, 19 Aug 2022

The Australian-listed owner of AJ Park said the Kiwi intellectual property firm improved margins through “right-sizing” the business and cutting overheads.IPH said its Ebitda (earnings before interest, tax, depreciation and amortisation) margin at AJ Park was 21.6% on acquisition but now operates at 29%, a 34% improvement. In a presentation, IPH said better margins had been achieved by “synergies captured through right-sizing the business,” and reduction in overheads and rental footprint.IPH, which owns more than si...

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