CGI Holding Corporation Has A Record 2004
CGI Holding Corp d/b/a Think Partnership (AMEX: THK; parent company of WebSourced) today announced 2005 was a record year.
The company posted a 203% revenue increase and 820% after-tax earnings increase over 2004.
The Company's 2004 revenues rose to $21,473,565, a 203% increase over 2003. The Company's 2004 pre-tax earnings rose to $4,726,199, a 500% increase over 2003. The Company's 2004 after-tax earnings rose to $2,939,966, an 820% increase over 2003. The Company's 2004 after-tax earnings rose to $0.10 per diluted share, an increase of 900% over 2003.
Gerard M. Jacobs, the Company's CEO, stated, "Think Partnership Inc. grew significantly during 2004: our WebSourced subsidiary showed robust growth in its search engine optimization business, and launched a new pay per click advertising campaign management business which is now managing an average of $1.9 million per month in spending.
We also entered the growing online dating business with our acquisition of WebCapades, now called Cherish. And, our aggressive acquisition efforts during the second half of 2004 have culminated in our 2005 acquisitions to date of the MarketSmart Companies, Personals Plus, Ozline, KowaBunga and Smart Interactive."
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