Axiom Management, Inc. (AXMA.PK) is a full-service staff recruitment, fulfillment, and human resources management company in existence since 2003. Through Coastal Employment, the company’s wholly-owned subsidiary, Axiom Management provides services to clerical and technical companies, logistics providers, warehouses and light manufacturing businesses. Through another established subsidiary, Strategic Insurance Group (SIG), Axiom also offers risk management services to address rising workers compensation costs and related expenses.
The Company is recognized as a strong authority on safety, risk management and workplace compliance. Axiom Management’s regulation and strong following of (OSHA) requirements make them a key differentiator with a competitive advantage in the staffing market. The Company is also able to market its staffing and risk management services either separately or together, which causes them to stand out in the business.
In Axiom’s first full year of operations, they generated revenues of $9.9 million and earned a modest profit. The Company began trading under the symbol AXMA in August of 2007. Axiom increased revenues to $12 million in 2005, generated positive EBITDA (earnings before interest, taxes, depreciation and amortization) in both 2005 and 2006, and has increased 2007 revenues to an $18.4 million annualized run rate.
Let us hear your thoughts: Axiom Management, Inc. Message Board