31 May '16, 1pm

Take A Look Inside .Club’s Last Year Financial Performance: In an honest discussion during...

In an honest discussion during a domain session hold at WHD.usa, last week, Colin Campbell , .Club CEO, shared some information about his company’s 2015 financial performance . One sensitive point reached in this confession was related to the loss of about $1million from last year. How the company could lose $1 million last year? Analyzing its financials you will see that .club produced $7.0 million on a booking basis, from which $4.5 million were from registrations and $2.5 million from premium sales. It seems a decent amount, but considering the expenses were more than $8 million, you can understand why the loss of $1.1 million . You could say this a strategy of the .club company to succeed or not. Spending money to make .club a success doesn’t mean it will actually work. From all the expenses, the biggest one is for marketing ($5.75 million), which includes as well empl...

Full article: http://www.domainnews.com/clubs-last-year-financial-perfo...

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