Daily Telegraph: Questor

An Epic set of numbers for the UK's leading online learning company. The Brighton-based education and e-learning business Epic, whose client list includes the government, the financial sector and various IT and telecoms companies, yesterday cheered investors with a maiden dividend, while it also released record full-year results.

Computer-based learning started off in the early 1990s, when CD-Roms were used to teach students or train staff...

Trading conditions have been tough recently, with companies spending less than usual on traditional training and IT. But the online learning market on the other hand has seen rapid expansion. On the back of that development, Epic increased its sales in the year ended 31 May by 21pc to £8.7m, while profits before tax shot up 125pc to £1.8m.

The company's chief executive, Donald Clark, said the results were "pretty good," adding Epic had ventured out into a new market, the health sector.