The S3 annual report

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DodgyAgent replied

27 February 2007, 07:55
Originally posted by padinka

No problem at all with making a profit - we all want to do that.

Just a question though: do you think an average gross margin of 23% is acceptable?

It clearly is
Leave a comment:
bobhope replied

27 February 2007, 07:51
There are 4,719 contractors willing to work for them? I thought times were good.
Leave a comment:
padinka replied

26 February 2007, 18:43
Originally posted by jh0711

shock horror recruitment business makes a profit

No problem at all with making a profit - we all want to do that.

Just a question though: do you think an average gross margin of 23% is acceptable?
Leave a comment:
jh0711 replied

26 February 2007, 17:12
shock horror recruitment business makes a profit
Leave a comment:
Sockpuppet replied

26 February 2007, 16:56
So basically all the agencies I don't deal with.
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padinka replied

26 February 2007, 16:46
Originally posted by Sockpuppet

In that case, yes I was just joshing.

It's OK, I believe you.

Also look for Computer Futures, Huxley, Progressive, Pathway and their ilk.
Leave a comment:
Sockpuppet replied

26 February 2007, 16:43
In that case, yes I was just joshing.
Leave a comment:
HankWangford replied

26 February 2007, 16:42
Originally posted by Sockpuppet

Would saying No lead to a lot of mocking.

yes sock
Leave a comment:
padinka replied

26 February 2007, 16:42
Originally posted by Sockpuppet

Would saying No lead to a lot of mocking.

Yes it would!

Just do a search on here for S3 (sometimes referred to as 'XX' for legal reasons) and form your own opion. Far be it from me to try to influence you in any way...
Leave a comment:
Sockpuppet replied

26 February 2007, 16:39
Originally posted by padinka

You have to be kidding right?

Would saying No lead to a lot of mocking.
Leave a comment:
padinka replied

26 February 2007, 16:36
Originally posted by Sockpuppet

OK, I am really stupid here but what is an "S3 agency".

You have to be kidding right?
Leave a comment:
Sockpuppet replied

26 February 2007, 16:33
OK, I am really stupid here but what is an "S3 agency".
Leave a comment:
andy replied

26 February 2007, 16:31
Originally posted by DimPrawn

It's got to be on anyones plan B.

Pimping contractors and/or cheap Indians on government approved visas.

Free mana from the gods.

Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.

I once met somebody who used to do that. He had sponsored atleast a dozen indians for work permit and his income was about £30k/month.
Leave a comment:
DimPrawn replied

26 February 2007, 16:20
It's got to be on anyones plan B.

Pimping contractors and/or cheap Indians on government approved visas.

Free mana from the gods.

Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.
Leave a comment:
padinka started a topic The S3 annual report

26 February 2007, 16:08
The S3 annual report

Has been delayed from February to March.

However their preliminary results for the period ending 30/11/2006 include the following little tidbit:

Active contractors at period end increased by 8.1% to 4,719 (2005:4,365), with average gross profit per day rates increased by 11.1%

I seem to recall from their previous report that their contractor gross margin was about 21%. This suggests it is now about 23.3% gross. Easy money if you can get it...

Padinka
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