Pipeline Data Revenue Grows 52%

Friday 1 April 2005 00:23 CET | News

Pipeline Data has reported results for the fourth quarter and 2004. Highlights included a 52% increase in annual gross revenues from $10,246,955 for the year ended December 31, 2003 to $15,565,134 for the year ended December 31, 2004.

During the same period, net operating income grew from ($247,213) to $5,992, while gross margin rose 16.7% to 20.0%. In addition, EBITDA during the period grew from ($184,704) to $132,763, representing an increase of $317,467.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce