Digital River 2001 Annual Report Download - page 6

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During an unprecedented year of challenges in our country,
Digital R iver established its reputation for e-commerce and
e-marketing expertise and also became known for its stability
and focus.
Above all, we delivered on our goals as we achieved a key
milestone in reporting our first full quarter of company-wide
profitability, prior to the amortization of goodwill and
acquisition related expenses, in the fourth quarter.We also exited
the year as a company generating positive cash flows.
These significant milestones are a tribute to our executive and
director teams as well as all of the talented associates at Digital
R iver. Through our team’s efforts, hard work and focus, our
clients continue to see the true value that our e-commerce
outsourcing model offers to their various businesses.
Digital R iver’s mission is to be the leading global e-commerce
provider.We not only build, host and manage e-commerce sites
and operations for our clients, but we are also committed to and
highly focused on growing their sales. We help companies
quickly and profitably manage everything that goes into building
their e-businesses.
We stayed this course despite a difficult economic environment.
We continued to see opportunities and we demonstrated our
ability to excel despite the catastrophic event that occurred on
September 11 and the subsequent impact on businesses across
multiple industries.
To Our Stockholders
4
R evenue $57.8 Million Up 85 percent
Gross Profit $44.9 Million Up 106 percent
Gross Margin 77.7% Up 770 basis points
R evenue per Employee $122,000 Up 49 percent
2001