December 12, 2019

£100k in a year milestone

Ben Keene @BenKeene

Revenue Milestone @Rebel Book Club
2015: £5,083 (8 months)
2016: £19,290
2017: £29,673
2018: £46,683
2019: £100,000 (Nov 27th)

More importantly, margin after costs:
2015: 35%
2016: 46%
2017: 46%
2018: 31%
2019: 25% (forecast)

No team costs until 2019...just for fun :)

We split small profits in first few years between investing back in RBC, tax + end of year bonus.

We start paying VAT in 2020 + PAYE/NICs so costs jump up. But with crowdfunding we can invest in people, membership experience, marketing and....books.

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