Prosource.It

OverviewSuggest Edit

prosource.it is a managed IT services provider with a particular focus on infrastructure, operational and project requirements across the corporate enterprise market. We serve Fortune 500 and FTSE250 companies, major financial institutions, and leading private companies concentrated in oil & gas, manufacturing, transportation, media, insurance and finance. With significant investment in PRINCE2, PMI and ITIL accreditation, our workforce has over 3,000 years of experience leveraged to deliver and manage IT infrastructure from planning and implementation to ongoing operational service and support. Established in 1999, business growth has been completely organic and founded upon the solid principle of “doing the right thing” for the customer. This standard has led to high customer retention and many repeat projects. prosource.it has an established reputation for delivering, even under pressure in the most challenging of environments. With offices in Aberdeen, London, Houston, Calgary and Dubai as well as employees located across 25 countries, we have the global reach, capacity and experience to manage IT infrastructure needs, regardless of scale or geography.
TypePrivate
Founded1999
HQBanchory Devenick, GB
Websiteprosource.it
Employee Ratings2.8

Locations

Prosource.It is headquartered in
Banchory Devenick, United Kingdom

Location Map

Latest Updates

Employees (est.) (Oct 2019)390
Revenue (FY, 2018)£50.6 M(+15%)

Prosource.It Office Locations

Prosource.It has an office in Banchory Devenick
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Prosource.It Financials and Metrics

Summary Metrics

Founding Date

1999
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Prosource.It Revenue

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Prosource.It's revenue was reported to be £50.61 m in FY, 2018
GBP

Revenue (FY, 2018)

50.6m

Gross profit (FY, 2018)

13.4m

Gross profit margin (FY, 2018), %

26.5%

Net income (FY, 2018)

5.8m

EBITDA (FY, 2018)

7.6m

EBIT (FY, 2018)

7.5m

Cash (30-Jun-2018)

928.2k
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

7.2m10.9m12.1m14.8m17.6m24.5m30.4m44.5m44.5m39.8m38.5m44.0m50.6m

Revenue growth, %

(11%)(3%)

Cost of goods sold

4.8m7.9m8.7m11.3m13.4m18.8m23.1m31.7m34.1m29.9m27.3m32.1m37.2m

Gross profit

2.4m3.0m3.4m3.5m4.2m5.7m7.3m12.8m10.5m9.9m11.2m11.9m13.4m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

109.6k342.2k59.7k78.6k265.5k136.3k44.4k302.6k114.1k583.5k689.5k434.3k436.4k321.6k928.2k

Accounts Receivable

1.8m2.7m2.6m3.4m3.6m4.8m6.8m9.6m5.4m4.5m4.6m6.0m8.7m

Inventories

9.2k

Current Assets

784.3k1.3m2.0m2.8m2.9m3.7m4.2m5.5m7.4m12.4m9.9m9.5m8.7m12.7m15.3m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.3m1.0m1.9m1.1m1.4m2.7m2.3m4.5m3.2m3.1m3.4m4.5m5.8m

Cash From Operating Activities

1.3m2.5m1.6m2.1m2.5m2.4m1.6m8.6m4.8m5.1m2.9m6.6m

Dividends Paid

1.1m670.0k1.9m1.1m1.7m1.1m1.2m2.8m3.4m3.7m4.0m2.0m4.9m

Cash From Financing Activities

173.3k(69.9k)(9.6k)(878.9k)(73.9k)(2.0m)609.0k(75.2k)(44.5k)112.0k
GBPY, 2018

Revenue/Employee

141.9k

Financial Leverage

2 x
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Prosource.It Online and Social Media Presence

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Prosource.It Frequently Asked Questions

  • When was Prosource.It founded?

    Prosource.It was founded in 1999.

  • How many employees does Prosource.It have?

    Prosource.It has 390 employees.

  • What is Prosource.It revenue?

    Latest Prosource.It annual revenue is £50.6 m.

  • What is Prosource.It revenue per employee?

    Latest Prosource.It revenue per employee is £129.8 k.

  • Who are Prosource.It competitors?

    Competitors of Prosource.It include Cheetah Digital, Highlander Computing Solutions and United Data Technologies.

  • Where are Prosource.It offices?

    Prosource.It has an office in Banchory Devenick.

  • How many offices does Prosource.It have?

    Prosource.It has 1 office.