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April 28, 2020

IPAF powers forward

Filed under: Latest News — EHN Team @ 12:34 pm

A strong performance from IPAF – the International Powered Access Federation (IPAF) – which has just published record financials in its 2019 Annual Report.

Topline results include an 8.1 percent increase in revenues to £7.06 million, which is a first for the organisation. However, an overall deficit of £39.5K was also reported due to investment in senior management restructuring.

Diving into the details, 175,986 people successfully completed IPAF training during the year – a 6.2 percent growth YOY, with 45 percent growth in membership in the Nordic region, 28 percent in China and 20 percent in Switzerland. IPAF’s total membership grew by 6.5 percent YOY to 1,422 across 72 countries, while the total number of IPAF approved training centres increased 3.6 percent to 550 across 48 worldwide territories.

IPAF-accredited training programmes contributed £4.97 million to overall turnover, while income from outside the UK accounted for 44 percent of revenue for the first time.

IPAF’s annual report can be viewed for free at www.ipaf.org/annual-report.

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