Daily News
View All NewsCaldwell Partners revenue up 20%
The Caldwell Partners (TSX: CWL.TO), a Toronto-based executive search firm with operations in Canada and the US, reported revenue rose 20.3 percent year over year to C$12.4 million (US$10.9 million) in its fiscal first quarter ended Nov. 30.
Caldwell in October acquired Hawksmoor Search, a London-based executive search firm targeting the insurance industry.
Quote
“Our partner and support teams continue to operate at extremely high productivity levels, and we remain focused on making targeted, strategic additions to our team,” CEO John Wallace said. “Our October 1, 2014 acquisition of London-based Hawksmoor Search Limited established our footprint into the European market and has created what we believe to be the premier insurance practice in the executive search industry.”
Revenue
Q1 2015 (C$ 000s) | Q1 2014 (C$ 000s) | % growth | Q1 2015 (USD $000s) | ||
Revenue | $12,436 | $10,338 | 20.3% | — | $10,889 |
Revenue by geography
Q1 2015 (C$ 000s) | Q1 2014 (C$ 000s) | % growth | Q1 2015 (USD $000s) | ||
U.S. | $8,145 | $6,543 | 24.5% | — | $7,132 |
Canada | $4,256 | $3,795 | 12.1% | — | $3,726 |
Europe | $36 | — | NA | $32 |
Net earnings
Q1 2015 (C$ 000s) | Q1 2014 (C$ 000s) | % growth | Q1 2015 (USD $000s) | ||
Net earnings for the period | $277 | $393 | -29.6% | — | $243 |
Share price and market cap
Shares in Caldwell Partners fell 2.11 percent in early afternoon trading to C$1.39; it has a market cap of $29.19 million, according to Yahoo!