The fact that we have been able to achieve such growth levels for three consecutive years without significant increases in expenses or employee costs speaks volumes about our efforts to build a truly functional business model.
Boulder, CO (PRWEB) September 28, 2012
For the third straight year, Cloud 9 Living LLC was recognized as part of Inc. Magazine’s list of the Fastest Growing Private Companies. The Inc. 5000 list measures revenue growth from 2008 to 2011 among privately held companies with a minimum 2011 revenue of $2 million. In 2010 Cloud 9 Living was ranked #468 on the list, and in 2011 Cloud 9 Living was ranked #2,225.
Cloud 9 Living reported a 92% increase in revenue from 2008 to 2011, jumping from $1.9 million in revenue in 2008 to $3.7 million in revenue in 2011.
“We’re thrilled to be a part of the Inc. magazine list of the Fastest Growing Private Companies for the third straight year,” said Cloud 9 Living Executive V.P. Bobby Augst. “This accomplishment symbolizes our consistent and sustained growth, even during the challenging economic environment of the past three years. The fact that we have been able to achieve such growth levels for three consecutive years without significant increases in expenses or employee costs speaks volumes about our efforts to build a truly functional business model, and our ability to focus on the aspects of our business that generate the best returns. ”
Cloud 9 Living has positioned itself as the industry leader in the growing experience gift market, offering more than 1,700 experiences in 43 regions nationwide, ranging from stock car driving or city food tours to golf lessons with a PGA pro or fighter pilot for a day missions. With experience gifts becoming increasingly popular for anything ranging from unique birthday or great Christmas gifts to corporate gifts and rewards, Cloud 9 Living fills an expanding segment in the $280+ billion gift industry.
About Cloud 9 Living
Cloud 9 Living is the leading experience gift company in the U.S. Headquartered in Boulder, Colorado, the company features a portfolio of more than 1,700 experiences in 43 regions nationwide. With experience gifts starting under $100, Cloud 9 Living offers something for every taste and every budget. For more information, visit http://www.cloud9living.com.