$1,400,000+ in top line revenues & $475,000 in EBITDA (net profit) yearly. Great potential for cost-cutting measures to be implemented to drastically increase net profits.
Generating 10,000,000 (10 million) uniques and 24,000,000 (24 million) pageviews monthly. Traffic is generated through a perfectly diverse grouping of Google Search (35%), Direct Visitors (28.5%), Social Media traffic from Facebook & Twitter (24%) and Referral traffic from various other sites that link to the news articles on a daily basis (12.5%)
The primary expenses are incurred for the costs of paying the Content Editors, Premium Writers/contributors, Freelance Writers, & the hosting/server fee. The pay scale for the Content team is on the high end compared to competitors in the news industry as a whole and could be cut drastically by a new owner if desired.
Sale Pending: No
First Seen: Thu, May 28th 2015
Last Updated: Fri, Aug 28th 2015