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Cincom Announces 20th Straight year of $100M Plus revenues

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James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
Cincom Announces 20th Straight year of $100M Plus revenues Posted: Jul 14, 2005 7:17 PM
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This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: Cincom Announces 20th Straight year of $100M Plus revenues
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
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Have a look at the press release:

CINCINNATI, Ohio -- July 12, 2005 -- Cincom Systems, Inc. today announced a record-breaking 20th consecutive year of generating over $100 million in revenue. Cincom achieved this remarkable feat despite the challenging and turbulent economic climate.

While accomplishing this milestone, Cincom adds to three years of financial success that have been the most profitable in the company's 37-year history. Cincom experienced dramatic improvements in the following financial measurements from calendar year 2003-2004:

  • Revenue increased by 25%.
  • Profits increased by 28%.
  • Return on Invested Capital increased from 57.3% to 81.1%.
  • Calendar year 2004 was Cincom's second most profitable year ever.
  • Gross revenue per employee increased from $161,200 to $181,800.

Cincom Smalltalk was a not insignificant part of all that over the last few years.

Read: Cincom Announces 20th Straight year of $100M Plus revenues

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