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Internet Capital Group Inc

 
Hoover's Profile: Internet Capital Group, Inc.
(NASDAQ (GM):ICGE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Internet Capital Group, Inc.
690 Lee Rd., Ste. 310
Wayne, PA 19087
PA Tel. 610-727-6900
Fax 610-727-6901

Type: Public
On the web: http://www.internetcapital.com
Employees: 23
Employee growth: (4.2%)

B2B or not B2B? That's a poignant question for Internet Capital Group (ICG). The company invests in companies involved in the business-to-business (B2B) Internet market, working with its holdings to develop strategy. It owns stakes in more than a dozen companies, including controlling interests in three firms: online marketing firm Vcommerce; Investor Force, which makes online data management software for pension managers and other financial services providers; and ICG Commerce, which offers procurement outsourcing services. Hertz and Kimberly-Clark, which are ICG Commerce's biggest customers, each account for about 17% of ICG's revenue.

Key numbers for fiscal year ending December, 2008:
Sales: $71.2M
One year growth: 34.5%
Net income: ($22.9)M

Officers:
Chairman and CEO: Walter W. Buckley III
President: Douglas A. (Doug) Alexander
CFO: R. Kirk Morgan

Competitors:
Benchmark Capital
Safeguard Scientifics
SOFTBANK

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