From the Wires
V12 Group Reports Strong Operating Results for 2012
By: Marketwired .
Jan. 28, 2013 11:00 AM
RED BANK, NJ -- (Marketwire) -- 01/28/13 -- V12 Group, a leader in marketing automation and data technology, has announced strong financial results showcasing its consistent momentum across the markets it serves. The company has recorded nine consecutive quarters of revenue growth and a record producing 4th quarter in 2012. As a result, reported annual EBITDA for the company also increased to its highest level with a year-over-year growth of 40% and a two-year CAGR of over 61%.
"2012 was a tremendous year for growth in all areas of our business and especially our marketing automation technology," said Paul Chachko, V12 Group CEO and Founder. "We are overwhelmed by the positive response we have received from our customers, and as such we will continue to innovate, expand and enrich our platform in the coming year."
Recognized as an INC. 500/5000 company for the past two years has been a direct result of the company wide dedication of the company's 100+ employee's attention and dedication to its customers along with expanded data and technology capabilities. This attention has propelled V12 Group to a 26% year-over-year revenue increase and a two-year revenue CAGR of over 24%.
V12 Groups success is being fueled by a focused multi-channel product offering and the Launchpad marketing automation platform. Also contributing to this growth is the further adoption of the email loyalty re-engagement technologies by new and existing retail customers.
Management's outlook for 2013 forecast is another year of record revenues and EBITDA and the expansion of the workforce by approximately 20%, fortifying the culture of success.
About V12 Group
V12 Group offers marketers the first-ever enterprise marketing automation and data platform built upon its highly respected data warehouse/business intelligence system, thereby simplifying the process of turning marketing intelligence into measurable revenue.
V12 Group Media Contact:
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week