20i Domains

Bango makes a profit - Cambridge News

Discussion in 'Domain Name News' started by Acorn Newsbot, Jun 16, 2010.

Thread Status:
Not open for further replies.
  1. Acorn Newsbot

    Acorn Newsbot Junior Member

    Joined:
    Jan 2006
    Posts:
    22,071
    Likes Received:
    36
  2. Domain Forum

    Acorn Domains Elite Member

    Joined:
    1999
    Messages:
    Many
    Likes Received:
    Lots
    articles.co.uk
     
  3. Ellis United Kingdom

    Ellis Active Member

    Joined:
    Aug 2005
    Posts:
    815
    Likes Received:
    9
    Am I reading this right?

    Company formed 11 years ago, has a turnover of £26million and has only just posted it's first profit - a measly £10k !
     
  4. Edwin

    Edwin Well-Known Member

    Joined:
    Apr 2005
    Posts:
    10,002
    Likes Received:
    619
    Quite often that's a deliberate business decision. Reinvest everything in growing the business, then when you want to show a profit, flip off the promotion switch and there you have it...
     
  5. philipp United Kingdom

    philipp Active Member

    Joined:
    Feb 2005
    Posts:
    642
    Likes Received:
    17
    Hm maybe. However jam tomorrow is one thing, jam in 11 years time is tantamount to starvation :p

    And besides - 'bango' *shudder* there must have been vastly more appealing names around in 1997!

    P.
     
Thread Status:
Not open for further replies.