MAUMEE, OHIO—AboutGolf is coming off a very strong year of growth in which the company’s sales rose more than 100 percent over 2005 to $9.1 million and profits increased five-fold.
AboutGolf’s growth in the past four years has been quite impressive. Since 2003, the company’s approximate sales figures have jumped from $900,000 to $2.8 million in 2004, to $4.5 million in 2005 and to $9.1 million last year.
AboutGolf only reports parent company sales, but when its foreign partner sales are included, the Maumee, Ohio-based company’s 2006 total revenue was approximately $12 million. For instance, AboutGolf’s sales in Europe were close to $2 million, more than three times what the parent reported. AboutGolf Europe aggregates non-proprietary system parts locally and handles all the distribution and installation chores. At retail, AboutGolf Limited’s worldwide simulator sales were approximately $12 to $13 million.
"We like to think that the technology we have developed, and continue to develop, is second to none. Judging by our sales growth, the marketplace has thankfully been very receptive", says Bill Bales, AboutGolf CEO. "As we continue to develop new technology for the improvement of clubfitting, teaching and self-analysis, we feel strongly that our revenues will continue their rapid growth."
In fact, AboutGolf Limited’s goal is to hit $20 million by 2009, but sales growth could be even greater with AboutGolf’s most recent—but not yet formally announced—initiative to gradually launch what the company will call its "family of essential brands."
AboutGolf’s growing international outreach includes affiliates throughout Europe and in Russia, South Africa, Korea, China, Taiwan, Japan, Southeast Asia and Australia. AboutGolf software is available in English, French, Czech, Chinese (Simplified and Traditional), Japanese and Korean.
AboutGolf is a 19-year-old Maumee, Ohio based company that has been dedicated to golf for its entire history. AboutGolf has produced Microsoft Golf, the most recent Bud Chapman’s Infamous 18 PC Game, Greg Norman Ultimate Challenge Golf and World Tours, which is the world’s most-widely-distributed golf simulation, and now is the world leader in indoor golf simulator technology. AboutGolf® is a registered trademark of AboutGolf Limited, Maumee, Ohio.
Contact:
Mary Beth Lacy at: 760-346-6942
email: mb@mblacy.com
AboutGolf Limited
352 Tomahawk Dr.
Maumee, OH 43537
Phone: 419-482-9095
