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.
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Type
Private
HQ
Banchory Devenick, GB
Founded
1999
Size (employees)
354 (est)
Prosource.It was founded in 1999 and is headquartered in Banchory Devenick, GB
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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 Financials

Prosource.It's revenue was reported to be £44.01 m in FY, 2017
GBP

Revenue (FY, 2017)

44 m

Gross profit (FY, 2017)

11.9 m

Gross profit margin (FY, 2017), %

27%

Net income (FY, 2017)

4.5 m

EBITDA (FY, 2017)

6 m

EBIT (FY, 2017)

6 m

Cash (30-Jun-2017)

321.6 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

10.9 m12.1 m14.8 m17.6 m24.5 m30.4 m44.5 m44.5 m39.8 m38.5 m44 m

Revenue growth, %

(11%)(3%)

Cost of goods sold

7.9 m8.7 m11.3 m13.4 m18.8 m23.1 m31.7 m34.1 m29.9 m27.3 m32.1 m

Gross profit

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

Cash

78.6 k265.5 k136.3 k44.4 k302.6 k114.1 k583.5 k689.5 k434.3 k436.4 k321.6 k

Accounts Receivable

2.7 m2.6 m3.4 m3.6 m4.8 m6.8 m9.6 m5.4 m4.5 m4.6 m6 m

Current Assets

2.8 m2.9 m3.7 m4.2 m5.5 m7.4 m12.4 m9.9 m9.5 m8.7 m12.7 m

PP&E

13.7 k10.3 k9.5 k10.3 k18 k18.6 k109.9 k134 k70.3 k34 k28.9 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1 m1.9 m1.1 m1.4 m2.7 m2.3 m4.5 m3.2 m3.1 m3.4 m4.5 m

Cash From Operating Activities

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

Dividends Paid

670 k1.9 m1.1 m1.7 m1.1 m1.2 m2.8 m3.4 m3.7 m4 m1.8 m

Cash From Financing Activities

173.3 k(69.9 k)(9.6 k)(878.9 k)(73.9 k)(2 m)609 k(75.2 k)(44.5 k)
GBPY, 2017

Revenue/Employee

126.8 k

Financial Leverage

2 x
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Prosource.It Online and Social Media Presence

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