Webzilla Releases 2011 Global Financial Results - Revenue Growth Exceeds 96%
21 June 2012
Webzilla Group, a global webhosting company held by privately owned XBT Holding Ltd, announces financial achievements for 2011 as audited by KPMG.
2011 marked another exciting year for Webzilla, who demonstrated impressive YOY growth since 2010:
- global organic revenue growth was more than 96%
- EBITDA margin gone up to 35% of revenue
- traffic growth is 150%
“During the past year we continued to innovate and offer new services that attracted enterprise customers and provided us opportunity to growth,” said Rajesh Kumar Mishra, Chief Financial Officer of XBT Holding Ltd.
In 2012, XBT Holding Ltd aims to reach 50% or more of global organic growth. To reach this goal, Webzilla continues to extend their list of services to help meet the needs of multinational customers with one-stop-shop requirements. Earlier this year Webzilla received PCI DSS certification and is now considered a secure hosting partner for financial companies. Then Webzilla added Linux administration services to address the growing interest of enterprise customers.
Also in 2012, Webzilla aims to take steps towards acquiring the major share of internet infrastructure business in emerging growth countries; namely Hong-Kong and Luxembourg.
“As per our research, the internet infrastructure business is growing more than 80% in emerging growth countries. There is massive demand and no suppliers in these areas, and we have the tools and resources to support this growing field,” said mr. Mishra.
For additional information about financial results and investments needs please contact finance(at)xbt(dot)com or visit http://xbt.com/
