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CPA2Biz Reports '07 Results Oct. 24, 2007 (SmartPros) CPA2Biz Inc., the marketing and technology services subsidiary of the American Institute of CPAs, announced its 2007 year-end business results at the AICPA Fall Council Meeting being held this week in Tampa. The company reported revenue of $17.1 million and net income of $2.3 million for the year ending July 31, 2007. The results reflect growth over the prior year, which had revenue of $15.7 million and net income of $1.5 million, respectively, marking the third consecutive year of profitability for CPA2Biz. Erik Asgeirsson, president and CEO of CPA2Biz, said the growth can be partly attributed to the redesigned Web site. Since the June release, site traffic has grown 20 percent. This year CPA2Biz also launched its Trusted Advisor Program with tools, resources and training to help CPAs at small and mid-size firms expand their role with clients. 2007 SmartPros Ltd. All rights reserved. |
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