| | Business Summary | | Joule
Inc.
is
engaged
in
the
business
of
personnel
outsourcing.
The
Company's
services
focus
on
supplying
commercial
(skilled
office
and
light
industrial)
workers,
technical
professionals,
and
skilled
craft
industrial
plant
and
facility
maintenance
personnel
to
business
and
industry
on
a
temporary
basis.
All
employees
on
assignment
to
the
Company's
clients
are
on
its
payroll
only
during
the
periods
of
their
assignments.
By
prior
understanding,
their
employment
is
continued
after
completion
of
an
assignment
only
if
another
suitable
assignment
is
available.
Historically,
virtually
all
revenue
is
billed
based
on
direct
cost
plus
a
mark-up
to
cover
the
Company's
overhead
and
profit.
At
September
30,
2000,
approximately
2200
employees
were
on
assignment
to
more
than
450
clients
for
periods
ranging
in
duration
from
one
day
to
several
years. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Joule
Inc.
supplies
commercial
(skilled
office
and
light
industrial
workers),
technical
professional,
and
skilled
craft
industrial
plant
and
facility
maintenance
personnel
to
business
and
industry.
For
the
six
months
ended
3/31/01,
revenues
fell
4%
to
$38
million.
Net
income
fell
82%
to
$66
thousand.
Revenues
reflect
signs
of
topline
softness
in
the
Commercial
Services.
Earnings
also
reflect
higher
employee
payroll
and
other
branch
related
expenses. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
19,891;
after
tax
earnings
were
257. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Emanuel Logothetis, 70
Chairman
and CEO | $248K | John Wellman, Jr., 52
Pres
and COO | 222K | Bernard Clarkin, 51
VP,
CFO, Sec. and Treasurer | 124K | Judith Bryant, 45
VP | -- | Stephen Demanovich, 46
VP | 150K | | Dollar
amounts are as of 27-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/j/jol.gif)