Houston-based distributor, equipment rental and software company Noble Iron posted a 24.7-percent revenue hike in 2013, going from $16.2 million in 2012 to $20.2 million in 2013. Fourth quarter revenue totaled $5.2 million in 2013, up from $4.1 million in Q412, a similar increase of 26.8 percent.
EBITDA was $2.4 million, compared to $900,000 in 2012.
“2013 was a year of continued growth while also focusing on building our operational infrastructure,” said Noble Iron chairman and CEO Nabil Kassam. “We look forward to further investing in our team, technology and logistics capabilities to build a platform that radically improves the lives of users, owners and vendors of construction and industrial equipment, and all members of the Noble Iron family.”
Noble Iron’s equipment rental and dealership business is known as Noble Iron and serves customers in California and Texas. It is the exclusive distributor of LiuGong Construction Machinery equipment and Allied Construction Products in southeast Texas.
Noble Iron’s software division is known as Texada Software and is based in Guelph, Ontario, Canada.