Wednesday, January 6, 2010

Encouraging financial news

Machine vision integration is a tough business but ISRA seem to have found a way to make money. In a press release titled “ISRA defines the crisis” (December 15th, 2009,) they publish preliminary figures for their financial year ending September 30th that show a decline in revenues of just 15%.

In more normal times I guess we’d think that pretty bad, but when the big hardware and software vendors are seeing declines of 30% or more it’s clear that ISRA are doing something right. They’ve also been able to pay down debt and increase cash flow, all of which puts them in a strong position to seek out some acquisitions during 2010.

If you run a professional web inspection business and are looking to “cash out,” you might want to place a call to the guys in Darmstadt, Germany.

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