Amvona

We have seen and been part of a miracle

Friday, 23 April 2010 00:02

Amvona logo final 4Amvona Store: August 1999 - April 2010

 

  • - Initial capital: $300
  • - 1999-2003:  One employee -  (mostly) in a dorm room
  • - 1999-2005:  Growth completely self-financed - zero debt.
  • - 1999-2006:  Compound Annual Growth Rate ~120%
  • - 1999-2010:  Shipped over 1 mil products to ~ 300k customers worldwide.
  • - April  2010:  Precisely zero bank debt on our balance sheet.

 

We have seen and been part of a miracle.
 
G.M. Lemelson
Founder and CEO
Now the Amvona Blog...

 

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