Our Financial Strength
New Horizon Communications is privately held by the founding and managing partners. The company is currently profitable and debt-free.
Despite the economic downturn, demand for NHC products and services has remained strong through 2008 and into 2009. Our Multi-Carrier Business Model, aligned with efficient internal methods and procedures, has allowed the business to continue its rapid growth of both revenues and profit.
- 2008 Total Revenue: Increased by 36.5% over previous year
- 2008 Gross Profit: Increased by 41.9% over previous year
- 2008 Net Income: Increased by 29.1% over previous year
- 2008 DSO's Under Management: Increased by 23.9% over 2007 over previous year
Adding to our financial strength and stability are solid, long-term relationships with our bank, credit facility, and carrier partners. And we're proud to be privately owned and managed, because that means we're free of influence from outside investors, stock prices, or M&A pressure.
Refreshing, right?