Caldwell Partners International Announces 21 Percent Annual Revenue Growth

Retained executive search firm The Caldwell Partners International Inc. has issued its financial results for the fiscal 2015 fourth quarter and year ended August 31, 2015.

Financial Highlights include:

• Company posts annual revenue of $54.5 million, up 21% over prior year.
• Fourth quarter revenue up 16% over prior year to $15.4 million.
• Board declares 15th consecutive quarterly dividend – 2.0 cents per share.
• 2015 fourth quarter professional fees increased by 16% over the comparable period last year to $15,365. Full year professional fees increased 21% over the prior year to $54,488
• For the 2015 fourth quarter, higher revenue ($2,173) offset by higher cost of sales ($1,263) and expenses ($629) resulted in an increase in operating profit of $281 over the comparable period in the prior year
• The full year net earnings after tax were $1,976 ($0.093 per share) in 2015, versus $1,967 ($0.101 per share) in 2014.

Revenue in the US for the year rose up to 17% while revenue in Canada increased by 22%.

To read the full financial statement, click here.