RE:GIBBON and OTHER's - ORGANIC Growth questions no answers - March Revenue exceeded $5,179,000 or $62,148,000 annualized run rate revenue.
- July revenue is expected to exceed $9,700,000 or more than $116,400,000 in annualized run rate revenue.
Inorganic growth for the months:
Sleep Management contributed in one month: 42.5M/12Mths. = 3.5M
Legacy Oxygen contributed in two months: 3.5M / 6Mths. =.58M
5.179M + 4.08M = 9.259M
9.7M - 9.259M = 0.441M / 8.969M = .0492 % in 4 months
14.76% annual organic growth
This is really rough calculating considering it says that July is expected to exceed $9,700,000. Another factor is that acquisition dates are generalised in my estimation considering I use months instead of days. These factors would have had a negative results on the organic # calculated. Overall, I believe the organic growth is on par with PHM commentary of 25% or greater.
The real test will be to see how leveragable SM's huge customer database will be for PHM. If they keep the >40% organic growth we've seen in the past... this model is scary good.