August Shareholder Report
August Income Report
August has been a good month, we’re letting some things mature and acquired some interesting items. We suffered a database issue, but we recovered mostly intact. We decided to promo everyone another 150mil in credit, so that’ll affect the subscription income for the next month.
Finances
- Revenue: 25,540,016,481.93 ISK
- Expenses: 8,549,640,000.00 ISK(Fuel Costs)
- Profits: 16,990,376,481.93 ISK
- Investments: 125B — Structures + Mogul Titan
- Cash in the bank: 49,831,000,000 ISK
- Asset Value: 839,398,049,101.65 ISK
- Return on Assets: 2%
- Liabilities: 68,268,434,315.03 ISK
- Total Value: 820,960,614,786.62 ISK
- Dividends: Code is finished — dividends will go out this month for past 2 months.
Traction
- Tycoon Subscriptions: 174(Mostly Promo)
- Trader Subscriptions: 212(Mostly Promo)
- Subscription Income: 4,500,000,000 ISK
- Website Users: 9,926
- Daily Users: 671
Product Updates
Working the LP Market Exchange/Store as well, lots of work to do but we’re getting progress.
With the release of the public contract API, we are also looking at a courier board, with whitelisting of structures and a smarter search function.
Funding or Mergers and acquisitions
We are currently funding the MMR to resupply the M-O mineral market again. We sent an initial 71b to MMR for this purpose. Will see returns most likely in a month or two as stock is sold off and it becomes self sufficient again.
Notable events
Purchased some structures, as well as a titan to help with logistics.
Questions
As always, if you have questions regarding this report please feel free to join our Discord.
Regards,
Jeronica
Mogul Financial CEO/Founder
![Jeronica [MOGUL]](https://miro.medium.com/fit/c/160/160/1*P1sys83pQmqXiNcZNCr91g.png)