Air Methods Corp, which is an airambulance company based in Englewood, Colorado, has ranked 14th among America’s best small companies in the state. Founded in the year 1980, the company offers airambulance service throughout the United States. It is also involved in manufacturing, design and installation of medical transportation products. The airambulance company offers its services to various institutions and hospitals under exclusive operating agreements. The services provided by Air Methods include airambulance maintenance and operation, billing and collection, care, communications and dispatch.
Investors are Already Eyeing the Airambulance Company
The airambulance company, which is currently listed on NASDAQ with the code AIRM, enjoys 14% annualized returns over a period of 5 years. The sales in the past year alone resulted in $958 million. The stocks of Air Methods Corp. are currently commanding a market price of $53.2 per share. The company is run by CEO Aaron Todd and has about 4,055 employees. The United Rotorcraft division of the airambulance company is involved in manufacturing while Air Medical Services division is involved in medical transportation. Experts put the best buying price of the company’s share at $45 which could fetch a 9.5% annualized return through options.
How the Airambulance Company Landed in the Forbes List
To determine the rankings of the companies, Forbes Magazine took into consideration companies that were publically held and saw revenue of less than a billion. The other conditions were that the company must be listed and must have been publically traded for a minimum of one year. It also considered only those companies that had seen revenue between $5 million and $1 billion. Further the magazine took into consideration aspects such as sales and earnings growth. It also looked at return on investment over the past one year and five years.
Air Methods Corp has so far seen an equity growth of 21% and sales growth of 14% considering the five-year average. Further, it has a market cap of $2.1 billion, debt of $678 million and revenue of 958 million. The airambulance company also has cash in hand of $11 million and total profit of $87 million. These figures definitely make this airambulance company a winner.