Investors were told at the company's AGM that Inspired had seen order book sales in the first half grow 63% ahead of the same period in 2011. Inspired's order book now stood at £5.2M, an increase of £1.1M since November, when the company was floated on the AIM market. The company, based in Kirkham, Lancashire, was the only northwest business to float on the stock market last year.
It advises corporate clients on their energy-buying strategies and manages their gas and electricity supply agreements and generates commission based on customers' energy consumption. In April it bought Bolton-based energy procurement advisory business Direct Energy Purchasing in a deal worth up to £4M.
Chairman Bob Holt said: "Inspired continues to grow its market presence within the industry and is seeing additional referred and introduced opportunities. "
In addition, the investment in the tele-marketing system has seen a big increase in opportunities being turned into prospects and tenders.
"Finally, Inspired has accelerated the planned growth in the analyst and field sales team with the recruitment of several highly rated analysts from competitors such as Inenco and Ener-G who have already had a significant positive impact on sales throughout the period."
Holt added: "The acquisition of DEP which completed on 16 April 2012, is performing in line with management's expectations and the integration process is on track."
Inspired also announced the appointment of Andrew Stubbs and Nick Campbell, who were tipped to bring a wealth of industry knowledge and expertise to Inspired's trading and risk management team. They will be tasked to expand the range of service lines Inspired offers customers and increase the breadth of the revenue streams.