Iomart : Annual report year ended 31 March 2022

Annual Report

and Financial

Statements

2022

What we do

iomart is a leading provider of cloud hosting and managed services to UK SME and Large Enterprise businesses.

We make our customers unstoppable by helping them connect, secure and scale anytime, anywhere.

"iomart's given us exactly what we want, which is a personal relationship, and they know and understand our business."

David Bryce, Managing Director

"We are expected to be able to continue running the business in the event of an emergency, which means that our IT systems need to do the same. The fast and reliable software and service from iomart has enabled us to achieve and exceed this requirement."

Miguel Fiallos,

Head of Management Information Systems

1	iomart Group plc Annual Report and Financial Statements 2022

Contents

OVERVIEW
Highlights	4
STRATEGIC REPORT
Chairman's statement	6
Chief executive officer's report	8
Chief financial officer's report	14
Principal risks and uncertainties	20
Stakeholder engagement	23
CORPORATE GOVERNANCE
Board of directors	30
Corporate governance report	32
Report of the board to the members on directors' remuneration	41
Directors' report	48
Directors' responsibilities statement	53
FINANCIAL STATEMENTS
Independent auditor's report to the members of iomart Group plc	55
Consolidated statement of comprehensive income	66
Consolidated statement of financial position	67
Consolidated statement of cash flows	68
Consolidated statement of changes in equity	69
Notes to the financial statements	70
Parent company financial statements	107
OFFICERS AND PROFESSIONAL ADVISERS
Officers and professional advisers	118

iomart Group plc Annual Report and Financial Statements 2022	2