Hetzner AG is highly profitable. They have to publish a balance sheet at
http://www.bundesanzeiger.de/ (German only)
Annual net profits:
2008: 4.077.791,31 €
2009: 4.448.824,49 €
2010: 8.925.128,81 €
Accumulated profits:
2008: 9.030.980,10 €
2009: 13.479.804,59 €
2010: 22.404.933,40 €
key facts:
- cheap energy + human resources by building custom colocation facilities in regions where cheap cooling+power is available
- cheap self-made servers, no 19" form factor for decicated servers (they have 19" racks for colocation customers)
- hardware has to be refinanced in a couple of months. That's why the charge 149€ setup upfront.
- growing out of cash flow
- CEO and founder still CEO. Sometimes still interacts with customers regarding new ideas in their forum (German only).
see http://www.hetzner.de/en/hosting/presse/center for corporate press releases.