CHICAGO, Aug. 7 /PRNewswire/ -- According to the Entrex Private Company
Index (PCI), revenues are up 6% YTD for businesses in the $1M - $250M sector
of North American private companies.
Many private companies grew at or above this modest YTD performance of the
Index, but they shouldn't be misled by this relatively low figure.
The PCI, now in its fourth consecutive year, is hovering near its high
reached May 2008-representing a 145% increase in the overall revenue
performance of the PCI since its inception. Historically, this diverse group
of companies has consistently positive annual growth. 2006 recognized a 50%
year over year increase while 2007 marked a slightly smaller 31% jump.
How does your company's performance compare to others in the private
sector?
You can simply and confidentially compare your company's revenue growth
with the North American PCI portfolio's growth. This is available online at
the Entrex PCI website (http://www.privatecompanyindex.com). To date this
tool has received attention from national media publications and private
company participants nationwide.
Entrex CEO, Stephen H. Watkins, says "This opportunity for comparison to
both the PCI and capital markets trend lines is really striking a nerve with
company leaders."
"It's a win-win situation. The inquisitive CEO gets an objective
measurement of their company's revenue performance assessing their growth
alongside the PCI and other standard measures accepted by the financial
industry. The PCI benefits because the information collected, boosts our
research and statistical data base."
The PCI relies on the voluntary submission of monthly private company
gross revenues and the interests of CEOs to supply this information.
Companies gain initial exposure to the capital markets and national media by
participating in this North America-wide index. Participation is free of
charge. There is no obligation to apply for membership to utilize the PCI
Challenge tool.
ABOUT THE ENTREX PRIVATE COMPANY INDEX
Published monthly, the Entrex Private Company Index (PCI) is a proprietary
benchmarking tool that measures revenue performance in the sector of private
companies with $250 million or less in annual revenue. The PCI is recognized
by Investment Professionals and financial media as a leading and authoritative
source on private company revenue performance.
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