The latest accounts filed at companies house showed that the firm’s total revenues rose to £174.1m from £160.2m in 2020-21, and the company made pre-tax profits of £7.3m.

DC Thomson attributed the increase in revenue to sales recovering from Covid disruption and new digital revenue streams, but also acknowledged that rising inflation had an impact on margins.

The company owns a range of newspapers and magazines as well as the weekly Beano comic series. It also owns a genealogy business and a cloud computing business.

The firm said: “Despite strong sales, margins were down 1% year-on-year as the impact of the pandemic, the war in Ukraine and rising inflation saw an £8m increase in the cost of raw materials, including paper.”