“We’re not always given credit for the consistent profitability we’ve achieved for a business that received no early start-up funding.” I recently met Steve Nelson, finance director of UK construction collaboration technology vendor 4Projects, to learn more about the history of the company, its funding and the 2007 management buy-out (MBO) – the meeting took …
Tag: break-even
Dec 09 2009
4Projects and profitability
- By Paul Wilkinson in AEC, Business/Financial, Collaboration, Extranet/CDE, Internet, Marketing, People issues, SaaS, Vendors
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9 December 2009
- 4Projects, 4Projects Management Ltd, Aconex UK, Arthur Andersen, Asite, Attenda, August Equity, bank loans, BIW Technologies, break-even, BT, BuildOnline, Business Collaborator, Canada, Companies House, construction collaboration technology, Detroit, Domainnames.com, Dubai, infrastructure, investors, Kaupthing Bank, Leighton Group, management charges, MBO, Middle East, Nakheel, Ontario, Paul Callaghan, PlanWeaver, Price Waterhouse, profitability, QSP, rack-space, Richard Vertigan, SaaS, Sage, Software-as-a-Service, start-up, Steve Nelson, StoreData, Styles & Woods, Taylor Woodrow, turnover, UK
- 8 comments
Permanent link to this article: http://extranetevolution.com/2009/12/4projects-and-profitability/
Sep 24 2008
Asite continues ascent
- By Paul Wilkinson in AEC, Business/Financial, Collaboration, SaaS, Vendors
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24 September 2008
The latest interim results, covering the first six months of 2008, show that UK-based SaaS construction collaboration technology vendor Asite has continued the slow recovery it began last year (see Asite finally returns to growth). Gross revenues were up 29% to £1.067m (2007: £0.830m), and the company also inched closer to breaking-even with losses for …
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Permanent link to this article: http://extranetevolution.com/2008/09/asite-continues-ascent/
What’s hot in Contech
In Extranet Evolution, Paul Wilkinson covers the latest developments in SaaS, mobile, BIM, and other software technologies in construction. He also co-presents the #contech video news show AECTechTV.
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