Servcorp Limited’s (ASX: SRV) share price was flat after the serviced and virtual office provider released its half yearly accounts on Tuesday.

Here are 6 financial facts you need to know:

1. Revenue leapt 27% to $164 million

2. Net profit before tax on like-for-like floors jumped 62% to $31.3 million

3. Net profit after tax grew 17% to $18.7 million with guidance for the full year of at least $48 million in profit

4. Earnings per share also up 17% to 19 cents per share (cps)

5. Unencumbered cash and investment balance of $92 million

6. Partially franked interim dividend of 11 cps payable on March 23. Management has also provided guidance that it expects to pay a final dividend of 11 cps

And here are 4 operational facts you need to know too:

7. Servcorp opened four new floors (in Singapore, Abu Dhabi, Auckland and Osaka) during the half and one floor was expanded

8. The company has plans to open a further six floors and expand one existing floor during the second half of the current financial year (FY) including within the new location of Iran

9. In total, the group’s office capacity is expected to expand by 10% over the course of FY 2016

10. Occupancy of like-for-like floors was 76%

Appealing niche

While there are stocks such as Lend Lease Group (ASX: LLC) which offer an investor global property exposure, there really are no other ASX-listed companies with a business model focussed on the niche area of providing global serviced office space.

With over 80% of revenues and profits earned offshore, the company also offers Australian investors an appealing level of diversification for their portfolio.

The share price appreciation of 128% over the past five years compared with an essentially flat return from the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) arguably highlights the group’s ability to create shareholder value.

With the stock trading on a forward price-to-earnings multiple of roughly 14 times, the stock could certainly be one for the watch list.

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Motley Fool contributor Tim McArthur has no position in any stocks mentioned. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.