(ARD:TSX-V)
Great news from one of our most recent additions to the AGORACOM 100. Â The Company’s flagship website CarCostCanada.com experienced the highest traffic, sales, revenue and profits of any October in the division’s history. Â This is fresh off the heals of the company’s announcement last week about record Q1 results and an increasing dividend.
As always, assume I am horribly conflicted by the fact Armada is a client – but I love the fact that we have found a Web 2.0 company with real products, clients and revenues. Â Web-based companies that can execute by delivering cost-efficiencies to both consumers and business stand an excellent chance of delivering shareholder values for years to come.
There are no guarantees that Armada (or any company) will do that but a combination of both record financial results and record online results is a great start and an even better reason to follow this company closely.
With respect to today’s press release, highlights include:
– CarCostCanada.com new membership sales up 85% versus Oct/08
– Google AdWords and Toronto Star campaigns continue to drive success
– Highest traffic, sales, revenues and profits of any October in division’s history
– Car companies recognizing quality of visitors and increase ad spend
Click on link below to read entire press release:
Nov. 4, 2009 -Â Armada Reports Record October Results From CarCostCanada Division
Link to Hub / Link to Profile / Link to Forum
Congratulations to Paul and the entire team.
Regards,
George
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