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.

2014 ARN Women in ICT Awards - Nominations close October 27!: Nominations have opened for WIICTA 2014 and will stay open until October 27. But don't be late, be among the first in and NOMINATE NOW!!!

Tags distribution centralSAN Systemsfirewall systems

More about ARNDistribution CentralFirewall SystemsFusion SystemsScott Corporation

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 
Computerworld
CIO
Techworld
CMO

Latest News

02:05PM
20th Century Fox deploys HP Moonshot servers
01:27PM
Adobe begins encrypting user data collected from Digital Editions app
12:17PM
St George turns on fingerprint login for Apple iOS Internet banking
12:01PM
DDoS attacks skyrocket: Akamai State of Internet Report
More News
29 Oct
NewLease & Microsoft Technical Sessions
30 Oct
Ovum 2020 Telecoms Summit
30 Oct
NewLease & Microsoft Technical Sessions
05 Nov
vForum 2014
View all events