IDW Sales
Posted: Mon Jul 15, 2013 9:47 am
Since they publish Transformers comics, this topic seems to belong here. I ran across an interesting article on the Beat discussing IDW's sales and profit margins. The article doesn't discuss Transformers books in particular, but focuses on the health of IDW in general as a publishing company. And it appears that they're doing very well.
http://comicsbeat.com/are-comics-sales- ... e-for-idw/
http://comicsbeat.com/are-comics-sales- ... e-for-idw/
For the quarter running February to April 2013, IDW took in $6.3 Million, and made a profit of $1.6 Million. In three months.
For six months, (November 2012-April 2013, which includes the Holiday season), IDW took in $11.5 Million, and made a profit of $2.6 Million. That’s half of CTM’s fiscal year to date. They have already surpassed the income earned from FY2012.
Now, that’s not bad for a mid-size comics publisher. “Millions” is always a nice word to add to any number. If zero is a hero, then six of them is the Justice League! But that’s only if one is talking a profit. The United States government works in Billions and Trillions of dollars, but runs deficits. So look at the right-hand column. Percentage. Three months: 216% Six months: 166%. One digit in a percentage is nice. Two, nicer. Three, and you’ve doubled (or more) your profit.
So IDW is quite profitable for their shareholders…
They had a few rough quarters, noticeably due to their children’s books and some overprinting which ended up as remainders. But the last negative quarter was in 2010. Since then, they have expanded their deluxe editions and successfully marketed their licensed properties.