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Dougie—great question! Here’s all the details:
http://www.cepro.com/article/verifying_the_ce_pro_100_how_its_done/
The list, which is in its tenth year, reported a leap in average income of 9 percent, from $6.8 million to $7.4 million. Other strong data includes a leap in the average installation price of 7 percent.
The revenue data bucks the one-year drop in overall volume that was reported last year, when the group cumulatively reported a 3-percent decline in revenues.
It also continues a three-year trend of increasing revenues-per-installation (a trend started back in 2005).
Over its 10 years, the prestigious list has changed from a list that used to include only traditional audio/video companies to a mixture of companies with roots in everything from audio/video and hybrid retail to automation and structured wiring, from security to high-voltage electrical and HVAC.
The top of the list itself reflects that diversity.
This year’s list is led by Pittsburgh-based Guardian Home Technologies with $37 million in multi-subsystem home technology revenue out of 19 locations. The company, overall, is a $120 million security company with roots in both residential and commercial alarm systems.
The No. 2 company is Houston-based Modia (formerly Home Theater Store), a regional hybrid retailer with 11 stores. And the No. 3 company is Audio Command Systems, a traditional high-end custom installation company with strong ties to the architectural community in the New York City area.
![]() | CE Pro 100 Reports 9% Revenue Jump The list, which is in its tenth year, reported a leap in average income of 9 percent, from $6.8 million to $7.4 million. Other strong data includes a leap in the average installation price of 7 percent. 9 Key Trends From CE Pro 100 The CE Pro 100 is out, and we’ve broken down what makes up the companies making the yearly list. The CE Pro 100 logged gross custom revenues of $747.8 million, up from $684.8 million last year. The CE Pro 100: Real and Representative The publication of the prestigious CE Pro 100 list garners reaction in the industry like no other. The 10th annual list will surely stir opinions. Economy, Profit Big Concerns for CE Pro 100 The slowing economy, the housing slowdown and declining product margins are the hot topics of concern among members of the CE Pro 100. Verifying the CE Pro 100: How It's Done This year, 86 of the 100 companies provided verification in the form of copies of tax returns or letters from an outside CPA. That number is up from 69 companies last year. Integrators Detail Favorite Brands CE Pro 100 integrators turn to luxury and performance brands to bolster revenues during the economic slump. | |
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Dougie—great question! Here’s all the details:
http://www.cepro.com/article/verifying_the_ce_pro_100_how_its_done/
How are these gains verified? What’s preventing an integration company from lying about their earnings to save face and look good in an industry mag?