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CE Pro 100 Reports 9% Revenue Jump

Average company reports $7.4 million in income. Number of installations rises 2 percent.
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Integration companies in the CE Pro 100 made it through 2007 without being negatively impacted by the slowdown in the U.S. housing market.

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.

Click here to download the entire list.

CE Pro 100
 
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.
The CE Pro 100 is out, and we’ve broken down what makes up the companies making the yearly list.
 



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Article Topics

News · CE Pro 100 · All topics

About the Author

Jason Knott, Editor, CE Pro
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. Jason graduated from the University of Southern California.

2 Comments

Posted by Dougie Fresh  on  05/01  at  05:00 PM

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?

Posted by Jason Unger  on  05/02  at  05:04 AM

Dougie—great question! Here’s all the details:
http://www.cepro.com/article/verifying_the_ce_pro_100_how_its_done/

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