Not so fast.On Deloitte & Touche LLP's list of the fastest growing technology companies in L.A., being small puts entrants at an advantage. Third-place Cyber Merchants Exchange Inc., a garment outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. and shipping company, reported 5,284 percent revenue growth over the past five years. Still, it reported just $2 million in revenues and a net loss of $478,000 for the fiscal year ended May 31. Its stock trades at 25 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. , for a market-cap of $219,000. Deloitte said it uses strict criteria for the list, including a minimum of $1 million in operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. in 2004. The fastest-growing company, Santa Monica-based CaseStack Inc., is private, and reported 39,071 percent revenue growth over five years. Staff Reporter Hilary Potkewitz can be reached at (323) 549-5225 ext. 226, or by e-mail at hpotkewitz@labusinessjournal.com |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion