Tag Archive: break-even

Dec 09 2009

4Projects and profitability

“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 …

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Permanent link to this article: http://extranetevolution.com/2009/12/4projects-and-profitability/

Sep 24 2008

Asite continues ascent

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/