OverviewSuggest Edit

IGI professionals assess, architect, recommend, implement and manage complete IT systems for customers in business of all sizes.  The Company offers support to professional service organizations of software companies and commercial entities that need additional skilled resources when implementing solutions. IGI provides cloud computing solutions that include public and private cloud architectures along with hybrid scalable cloud hosting, server virtualization and desktop virtualization solutions.

TypePublic
Founded1986
HQPittsford, US
Websiteigius.com
Employee Ratings4

Latest Updates

Employees (est.) (Feb 2019)62
Revenue (FY, 2016)$7.4 M(-6%)

Key People/Management at Infinite Group

Jim Witzel

Jim Witzel

CFO
Andrew Hoyen

Andrew Hoyen

Chief Operating Officer and Senior VP of Sales & Marketing
James Villa

James Villa

President & Chairman of the Board
Brian Drake

Brian Drake

Senior Developer
Mark Klein

Mark Klein

Director of Development
Michael Brown

Michael Brown

ASM Operations Manager
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Infinite Group Office Locations

Infinite Group has an office in Pittsford
Pittsford, US (HQ)
175 Sully's Trail #202
Show all (1)

Infinite Group Financials and Metrics

Infinite Group Revenue

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View revenue for all periods
Infinite Group's revenue was reported to be $7.41 m in FY, 2016 which is a 6.7% decrease from the previous period.
USD

Revenue (Q3, 2017)

1.6m

Gross profit (Q3, 2017)

453.1k

Gross profit margin (Q3, 2017), %

28.6%

Net income (Q3, 2017)

(188.0k)

EBIT (Q3, 2017)

(125.2k)

Market capitalization (2-Oct-2018)

387.1k

Cash (30-Sep-2017)

14.1k

EV

735.5k
Infinite Group's current market capitalization is $387.1 k.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8.7m8.6m7.9m7.4m

Revenue growth, %

(7%)(7%)

Cost of goods sold

6.4m6.4m6.0m5.3m

Gross profit

2.3m2.2m2.0m2.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

2.2m2.0m2.1m2.3m2.2m2.1m1.9m1.9m1.8m1.8m1.6m1.6m1.6m

Cost of goods sold

1.6m1.5m1.6m1.6m1.7m1.6m1.4m1.4m1.3m1.3m1.2m1.1m1.1m

Gross profit

562.1k508.3k500.1k702.0k476.4k484.7k495.5k479.2k494.4k504.7k478.5k472.4k453.1k

Gross profit Margin, %

26%25%24%30%22%23%26%26%27%27%29%30%29%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

16.9k7.8k13.5k42.4k

Inventories

22.5k

Current Assets

631.5k411.0k165.5k302.0k

PP&E

46.1k60.0k39.3k26.1k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

1.3k17.7k61.9k15.7k36.2k19.4k7.5k53.4k31.9k28.8k6.0k14.1k

Accounts Receivable

(62.1k)

Inventories

8.3k

Current Assets

594.5k433.5k566.8k561.6k541.8k262.6k195.1k209.5k478.9k249.7k680.4k358.0k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

108.5k(498.0k)(811.1k)(325.0k)

Depreciation and Amortization

21.1k26.5k68.9k91.6k

Accounts Payable

35.9k25.1k159.6k(154.9k)

Cash From Operating Activities

175.6k(77.7k)5.9k(378.2k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

39.9k(159.3k)(303.8k)(198.0k)(224.7k)(350.5k)(688.3k)(166.0k)(219.7k)(303.1k)(195.2k)(390.2k)(578.2k)

Depreciation and Amortization

14.7k6.3k12.8k19.4k5.6k29.6k49.3k19.5k39.9k65.9k35.8k71.4k106.9k

Accounts Payable

75.4k35.0k140.5k59.3k88.1k141.9k142.2k66.8k(8.8k)(72.4k)(14.9k)609.0k245.3k

Cash From Operating Activities

51.7k9.7k74.2k53.5k40.8k56.5k18.0k15.4k(106.1k)(309.4k)(4.4k)(52.1k)(105.6k)
USDY, 2017

EV/EBIT

-5.9 x

EV/CFO

-7 x

Revenue/Employee

20.6k

Debt/Equity

-0.1 x

Debt/Assets

0.9 x

Financial Leverage

-0.1 x
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Infinite Group Online and Social Media Presence

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Infinite Group Blogs

Infinite Group to Sponsor New York State Cyber Security Conference June 5-6

    IGI will exhibit at the annual cybersecurity tradeshow on June 5th and 6th at Empire State Plaza in Albany, NY

Infinite Group Inc. to Exhibit at NYSASBO’s 70th Annual Education Summit & Expo

IGI will exhibit at the annual event for the NYS Association of School Business Officials on June 4th and 5th in Saratoga Springs

Infinite Group Frequently Asked Questions

  • When was Infinite Group founded?

    Infinite Group was founded in 1986.

  • Who are Infinite Group key executives?

    Infinite Group's key executives are Jim Witzel, Andrew Hoyen and James Villa.

  • How many employees does Infinite Group have?

    Infinite Group has 62 employees.

  • What is Infinite Group revenue?

    Latest Infinite Group annual revenue is $7.4 m.

  • What is Infinite Group revenue per employee?

    Latest Infinite Group revenue per employee is $119.6 k.

  • Who are Infinite Group competitors?

    Competitors of Infinite Group include Abtech Technologies, CMA Technology Solutions and Carahsoft.

  • Where is Infinite Group headquarters?

    Infinite Group headquarters is located at 175 Sully's Trail #202, Pittsford.

  • Where are Infinite Group offices?

    Infinite Group has an office in Pittsford.

  • How many offices does Infinite Group have?

    Infinite Group has 1 office.