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Re: naturalborninvestor post# 13190

Friday, 02/05/2016 11:35:45 AM

Friday, February 05, 2016 11:35:45 AM

Post# of 39094

Since its inception Nyheter365 had a rocket-like growth. Last year the company had sales of SEK 65 million, by his own admission. That's an increase of 145 percent compared to 2014 when the turnover was SEK 26.5 million.



They sold it for about $800k when revenues were, in Dollar terms, around $3m, so at 25% of revenues. 2 years later, nyheter365 generates about $17m revenues in Dollar terms.