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By Jess Jones British online news site The Independent has seen profits soar on the back of its success in TV and US expansion, lining it up for double-digit revenue growth in 2024. In its financial year 2023, operating profit shot up by 82 per cent to £3.5m, from £1.9m the previous year, despite flat annual revenue at £46.1m. However, revenue climbed to £56m over a 15-month reporting period, after the publisher shifted its fiscal year to align with the advertising industry. A major driver of growth was The Independent’s burgeoning TV division, which grew its revenue 30 per cent year on year, …

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