Alrighty, so Q1 2017 is all about simplification for me. These income reports for example, as much as they may be valuable to you, they cost me a lot of time and work to prepare them. The whole process is cumbersome, complicated and the level of detail I provide is killing me while doing in.
That’s why I’m going to cut them shorter. Less details on currencies and taxes, less overall text. I will still be giving a recap, but I don’t be talking all too much about my future plans. I’d rather write a different blog post on that. I hope you’re happy with the slightly new format. It will definitely help me in publishing these income reports on a more regular basis and not so SUPER late in the month 😉
Year-on-Year Performance on Spreadshirt
Based on my own sales tracking, February saw EU gross sales increase by 13.6% versus the previous month (up by 10.5% on the US marketplace) and a whopping 27.8% higher than the same period last year.
NOTE: Please remember that the above numbers are based on live sales tracking throughout the month, while the earnings reported in the table below are actual cashflow movements. Most of the sales I generate have a delayed payout.
Monthly T-Shirt Income Report
I’m looking forward to reading your questions and comments. If there’s any particular position that you would like to know more about, then let me know and I will try to clarify.
|Spreadshirt Marketplace EU||3,704.68||5,052.49|
|Spreadshirt Marketplace US||627.00||725.51|
|Other Licensing Income||–||286.58|
|Expense Positions||USD||Last Month|
|BoxCryptor (Annual Subscription||–||–|
|Deutsche Post (Shipping Costs)||–||–|
|Digital Goods (Themes, Templates etc)||–||–|
|Dropscan (Mail Scanning Service)||18.40||32.08|
|GitHub (Micro Personal Plan)||7.00||7.00|
|Google API Services (mostly translation)||–||1.09|
|Google for Work (Monthly Subscription)||17.03||16.98|
|HostGator (Web Hosting Services)||11.95||11.95|
|JetBrains PHP Storm (Monthly Software Subscription)||9.47||9.45|
|Laracasts (Monthly + Lifetime Membership)||–||–|
|MailChimp (Monthly Subscription)||9.00||10.00|
|Namecheap (Domain Name Registration Fees)||65.76||–|
|Noun Project (NounPro Subscription)||9.99||9.99|
|PureVPN (Annual Subscription)||–||–|
|Shopify Basic Subscription (for www.gocaptain.com)||29.00||29.00|
|Freelancers (Upwork etc.)||302.50||0.00|
|Xing (Quarterly Subscription)||–||–|
|Tax Adviser (Quarterly Booking)||–|
|Gross Operating Profit before all taxes||4,017.02||6,205.48**|
*EUR/USD Exchange Rate for February 2017: 1.0643
**This number is actually NET of VAT. I changed my reporting logic in February 2017.