Wednesday, 29 May 2013

End of Year 7

So we just finished OME's 7th year in business and I think it is fair to summarise that it has been a good year but essentially a year of investment in staff/infrastructure that we want (hope....) will repay in profit over next couple of years.

Rather than bore with detail - here is top line

Revenues Up
Margin Up
% margin Down
bigger clients but less % margin

Costs significantly up
so gross profit pretty flat

So the Sumners retirement plan looks some distance off still but onwards and upwards!!