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STARTUP TURNAROUND - Geophysics

 

Dr Westlake was brought into a startup in the geophysics industry as Managing Director, by a group of incoming investors.

 

The business had been losing around $500,000 per annum for a number of years, but had still failed to lift Revenue above the $500,000 mark.

 

Under Dr Westlake’s leadership, the company saw a compound growth rate of over 100% per annum for 4 years, with profits being available to turn into growth.