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Thermal Wave Imaging Inc

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Thermal Wave Imaging Inc in Ferndale, MI

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Summary

Thermal Wave Imaging Inc logo
Name
Thermal Wave Imaging Inc
Year founded
1992
Description

Thermal Wave Imaging (TWI) is the worlds leading provider of thermographic Nondestructive Testing (NDT) solutions to the aerospace and power generation industries, also serving industries ranging from automotive and electronics to sporting goods. Since 1993, TWI has been at the forefront of thermographic NDT and has played a pioneering role in moving the technology from the laboratory to the real world of manufacturing and maintenance for the worlds leading companies and research institutions. Our products are known as the worldwide standard of excellence in thermography, used in the most demanding manufacturing, in-service and research applications.

Strengths
  • Thermal Wave Imaging Inc has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Thermal Wave Imaging Inc was founded, the company has grown faster than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry
Weaknesses
  • Revenue generated per employee is less than the industry average

Annual Revenue

$14012000

Revenue per employee

$
197352

Variance of revenue growth

0.1

Annual revenue growth since founding

$
500428

Revenue growth rate from first known quarter to current

46.0 %

Employee Count

71 employees

Churn employees

8.0

Churn rate percentage

80.0 %

Employee growth rate from first known quarter to current

47.9 %

Current employees on Linkedin

10

G Score

G Score

G1

Revenue is greater than the industry median.

G3

Revenue growth rate from the first known quarter to current is higher than the industry average.

G4

Employee growth rate from the first known quarter to current is higher than the industry average.

G5

Variance of revenue growth is less than the industry average

G6

Annual revenue growth since founding is higher than the industry average.

G8

LinkedIn Churn is lower than the industry average.

Location

continent
location

845 LIVERNOIS St. 
Ferndale, MI  48220

Ideal Fit Acquirer

Best Private Equity firm

Tecum Capital

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Key Information

Name:

Thermal Wave Imaging Inc

Tags:

Test & Measurement Equipment; Manufacturing

Website:

https://www.thermalwave.com

Industry:

Aerospace Company

LinkedIn:

https://www.linkedin.com/company/thermal-wave-imaging-inc.

SIC:

382; 38

NAICS:

33451; 334513