Distribution Central surges over $250m mark for full year revenue

Records growth in all three divisions of company

Leading distributor, Distribution Central, has recorded revenue of $252.3 million for the 2012/13 financial year ending June 30. It is a record for the company.

The figure was an increase of 20 per cent on the previous year's revenue of $209.9 million.

Gross profit also jumped $3 million to $24.7 million.

The only figure that fell was net profit which tumbled more than $500,000 from $816,691 to $299,591.

However, the overall picture was healthy with growth across all three divisions including Firewall Systems and SAN Systems recording better than 10 per cent year-on-year figures.

The $250 million mark has long been touted as the "sell point" for the company. Co-founder and executive chairman, Scott Frew, told ARN recently that he builds companies to sell them and he was always willing to listen to an offer - if a prospective buyer could come up with the right price.

That applied to Distribution Central now it had reached the the $250 million revenue mark.

Sponsored Content: Collaboration has become the new movement in IT. Servers will become an integral part of this industry transition. Click here to learn more.

Join the ARN newsletter!

Error: Please check your email address.

Tags distribution centralSAN Systemsfirewall systems

More about ARNDistribution CentralFirewall SystemsFusion SystemsScott Corporation

ARN Directory | Distributors relevant to this article

 
Computerworld
CIO
Techworld
CMO

Latest News

05:24AM
Sony looking for ways to distribute 'The Interview' online
04:33AM
Sony hack was 'cyber vandalism,' not act of war, says Obama
11:16AM
US rejects North Korea offer to investigate Sony hack, reaches out to China
Dec 21
North Korea wants joint probe into Sony hack, warns of consequences if not
More News
05 May
CeBIT Australia 2015
27 May
World Business Forum Sydney
View all events