Smart50 rank: 33
Revenue: $3.55 million
Growth: 41.17%
Founders: Igor Zambelli, 62; Shane Higgs, 58; John O'Neill, 43
Based: Victoria
Employees: 26
Industry: Internet
Website: www.komosion.com
Internet services business Komosion (pronounced “commotion”) was formed by the merger of Melbourne company Komodo and Sydney firm Glass Onion on 1 January this year.
The company bills itself as a full-service web agency and provides everything from internet application development and web publishing solutions to content production, search engine marketing and usability testing.
Accounting for the merger of the two companies and the establishment of Komosion, the entity has produced average annual revenue growth of 41.17% in the past two years. Revenue hit $3.56 million in 2007-08, up from $2.64 million in 2006-07.
While Komodo and Glass Onion were solid at time of the merger, founders Igor Zambelli (pictured at top), Shane Higgs (right) and John O'Neill (pictured in the interview linked to below) admit that direct and indirect costs have put the brakes on the company’s growth potential.
The trio has re-learnt one of the biggest lessons of small business. “Cash flow is king,” Zambelli says.
“It is critical that a rapidly growing business manages its cash flow carefully and makes sure that funds are available to sustain growth. In a nutshell, we are much more focused on scale issues than ever before.”
Komosion is currently working towards the goal of integrating Komodo and Glass Onion’s code assets with a view to launching the results at the CeBIT conference in Hannover in March next year.
