News blog
BrainJuicer
- BY: Andrew Hore |
- POSTED: 13/09/2007 |
- COMMENTS: Add yours
BrainJuicer grew its revenues by 57% in the first half of 2007.
Revenues rose from £1.85m to £2.9m while profits increased from £64,000 to £113,000. The UK and Dutch operations are profitable and the US should become profitable this year. The company was cash generative in the period. It has cash in the bank of £1.32m.
BrainJuicer offers a combination of quantitative and qualitative research. It is investing in its research delivery software. It will spend £300,000 over one year.
BrainJuicer works for a dozen of the top 50 companies in the world. The top 20 clients of the company account for 81% of revenues. Repeat business from existing customers accounts for four-fifths of turnover.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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