Act Teleconferencing Inc (fka ACTT)

[rookiecrd1]

An Estimate of ACTT's Revenue Based on Facts

Let's look at the clues

- 2006, Their Last Filing prior to going silent = $56 million revenue for the year 2006. Also Reported Net Income as opposed to a loss For the first time since 2000

- 2007 - 2008 PR's stated 20% increases in Revenue 07 and 20% in 08 = 56 X 1.2 = $67 million X 1.2 = $80 million

- 2009 PR stated 50+ percent revenue growth for 2009 $80 million X 1.5 = $120 million per year
Another PR at the end of the year stated even more growth: "ACT, a global provider of audio, web and video conferencing services, gained 87 percent in channel revenue in the past year alone."

- 2010 — Seems like the Fastest Growing Year yet. Just check out some of their PRs on their site: http://www.actconferencing.com/aboutus/2010-press-releases.aspx. July 27th PR stated ACT Conferencing announced that it has experienced a significant increase in volume in its video conferencing and ACT Proximity video conference room rentals in the first half of 2010. Saw Double digit growth in reservations from small businesses to Fortune 1000s in the first half of the year.

- 2011 Company Claimed on a Job post that they are "one of the fastest-growing international companies in the communications industry"

So a Fair estimate is at the very least $120 million in revenue by the end of 2009. 2010 seems to be an even faster growing years for the company as the economy rebounded. It would not surprise me one bit to see $200 million in revenue from them in 2010. The filings should tell more.

The incredible part about all this is that they are likely earning a substantial profit. They have been hiring in the last year it seems. Over 400 employees work for them now in 9 different international offices expanding the globe. This is up from 300-350 in the years past.