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The firm posted a pre-tax loss of £394,000, but has returned to profitability in the second half of the year, with pre-tax profit, before exceptional items, of £367,000.
Full year revenue was up 20% to £9.1m.
During the previous period, Aukett Fitzroy Robinson made a pre-tax loss of £787,000 on turnover of £7.6m.
The practice has a forward order book of over £80m.
Chief executive officer Nicholas Thompson said: “This improving performance has been under-pinned by the conversion into planning applications of a number of high profile projects that were won in 2010 and in early 2011, initially by the Russian operation and latterly by the United Kingdom.
“Our focus in the regional city market of Russia with an emphasis on new hotel development, and on the London commercial refurbishment market in the United Kingdom, has proven to be a beneficial decision as our revenues have risen during the year.
“During the period we considerably reduced our exposure to the Middle East to a base cost in part as a result of the Arab Spring but more as a result of the reduction in state funding of projects in the United Arab Emirates.
“Our order book remains above £82m (2010: £85m) as some schemes are now converting to instructed projects. Of the forty-two schemes identified, fifteen are expected to generate revenue in 2012 and a further seven are at their feasibility stage, providing an element of certainty in our near term revenue visibility. Whilst a large number of projects remain on hold this does provide some robustness to our forward projections.”
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