Bond Talent is doing well. The recruiting software industry – along with the HR software industry – is a good one to be in right now. CEOs, COOs and HR execs are starting to realize that investments in high-quality recruiting software pay for themselves rather quickly.
Here are the important numbers from the home office in the U.K.
- 40 percent. That’s how much revenues increased in the first half of 2011 when compared to the first half of 2010.
- 18.4 million pounds/28.9 million dollars. That’s the new revenue number for the first half of 2011, up from 13.2 million pounds/20.7 million dollars in the first half of 2010.
- 3.1 million pounds/4.9 million dollars. That’s the improvement in revenues generated by recruiting software in the first half of 2011 when compared to the first half of 2010.
- 4.3 million pounds/6.8 million dollars. That’s the improvement in gross profits for the first half of 2011 over the first half of 2010.
- 62 percent. That’s the share of revenues that recruiting software generates.
I’ll say it again: Bond Talent is doing well. Its success is partly due to smart managerial decisions and partly due to the excellent products it produces – especially its recruiting software. I have no doubt that I’ll be reporting on even more growth and bigger profits at this time next year.
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