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Web Hosting Provider iWeb Group Inc. Announces 2005 Results
| December 27, 2005 – (HOSTSEARCH) – iWeb Group Inc. announced its 2005 financial results recently suggesting substantial overall improvement. Its consolidated revenue of $2,935,235 was an increase of 88% over the same period last year. The company’s gross profit increased by 95% and its net income for the year totaled $201,732 (compared to $69,019 in 2004). "These results clearly show that our marketing efforts were successful. We are proud that the increase of our income was achieved almost entirely through our internal resources, without a major acquisition," suggested Martin Leclair, Co-founder and Chief of the Operations at iWeb Group Inc. Founded in 1996, iWeb offers shared hosting, dedicated servers and collocation to English, French or Spanish speaking clients in more than 95 countries. The company is listed on the TSX Venture Exchange under the IWB stock symbol. |
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