Bit Source
375 Hambley Blvd, Pikeville, KY 41501
Pikeville, Kentucky, United States
Business facts
Contacts
Managing Member
OWNER
Area statistics (41501)
About
Bit Source is a full-service software development company offering web design, app development, virtual and augmented reality, 3D modeling and animation, and social media marketing/consulting. Established in the wake of a downturn in the coal industry, Bit Source has successfully transitioned former coal miners to the high tech world of custom software development. With a focus on pragmatic problem solving and a high touch approach, Bit Source provides value-driven solutions for businesses across the United States.
Market analysis
Earning above its category median in a growing category (Software Company).
Revenue trend (modeled)
Company profile
Federal support (SBA)
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Kentucky | 524 | ~$2.2B | ~$4.3M | ~$1.4M | 5.0★ | 4.0× |
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 61 | ~$58.4M | ~$957.0K | ~$578.6K | 267 | ~$21.5M | 9.6× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 10 | ~$22.7M | ~$2.3M | — | 29 | — | — |
| Professional, scientific and technical activities | 1 | ~$1.2M | ~$1.2M | — | 7 | — | — |
1 km area (all businesses): median from the 39 of 61 businesses with estimates