How much does boards.ie make?

LighterGuy

Just curious.
Its a free to join and use message boards. Lot of ads. Not cluttered with ads. But still none the less present.

How much does boards.ie make say ... every year?

DjFlin

Ten dorra

Killer Pigeon

tree fiddy an hour.

Spread

Transparency and all that . Fess up Lads!

marty1985

When they do their accounts at the end of the year, they blow all the profits on coke and hookers, and are broke by mid Jan. Too much year left at the end of the money.

Sid_Justice

well they seem to employ a staff of at least 6 people

jumpguy

Five.

Kylo Ren

Hopefully a fortune. I use this site a ton so I'd like to see it do well.

Degag

All the information you require is right here.

Samich

I reckon about 60k a month.

I think if you look at the ad servers sites, they advertise boards for potential buyers of advertising quite well, as having so many unique viewers each month which is alot and that advertising wouldn't come cheap.

cson

Just waiting for DeV or Cloud to post this with a link to the subs page...

http://www.youtube.com/watch?v=iR6oYX1D-0w

cson

Samich wrote: »

I reckon about 60k a month.

I think if you look at the ad servers sites, they advertise boards for potential buyers of advertising quite well, as having so many unique viewers each month which is alot and that advertising wouldn't come cheap.

No way, thats only €720,000 pa.

Boards.ie is turning way more than that and is worth a multiple of it. I would reckon the site is easily pulling somewhere in the region of €5k per day which translates to €150k per month and €1.8m per year. I still think thats slightly conservative considering you've pretty much offering a tailored advertising product [watch how the ads change per forums you visit] with a consistent user base. Given the market Boards is in, I'm gonna guess a multiplier of 3 off the top the top of my head and value it @ €5.4m.

Note that I have relatively no experience in valuing a business much less that of a social media one so I may be way off with those guesstimates but they would sound to the accountant in me to be broadly within that realm.

If you really want to find out hit up the CRO for the accounts and you can see what the situation was like 18months or so ago which would give you a starting point.

Rothmans

Degag wrote: »

All the information you require is right here.

€2.50 to download the Annual Return!
No thanks :P

LighterGuy

hey cson,
i've heard (and clicked the link above) of that cro site.
You saying that site gives annual earnings of companies? ... isnt that private info tho?

Degag

Rothmans wrote: »

€2.50 to download the Annual Return!
No thanks :P

For shíts and giggles, i did. I downloaded the wrong file though i'd say. Only juicy bit is how much they have in the bank as at 2009. Prize for whoever gets closest!

later12

http://www.cro.ie/search/CompanyDetails.aspx?id=319114&type=C

Next AR Date
30/09/2011

Degag

LighterGuy wrote: »

hey cson,
i've heard (and clicked the link above) of that cro site.
You saying that site gives annual earnings of companies? ... isnt that private info tho?

Completely open to the public. Al records can be viewed at Dublin Castle.

later12

LighterGuy wrote: »

hey cson,
i've heard (and clicked the link above) of that cro site.
You saying that site gives annual earnings of companies? ... isnt that private info tho?

No, it's part of the give-and-take of being a limited company.

Rothmans

LighterGuy wrote: »

hey cson,
i've heard (and clicked the link above) of that cro site.
You saying that site gives annual earnings of companies? ... isnt that private info tho?

If its a plc, anyone is entitled to look at the files (for a small fee), but boards is a private limited comp.

td;dr - I don't know

Rothmans

Degag wrote: »

Completely open to the public. Al records can be viewed at Dublin Castle.

later10 wrote: »

No, it's part of the give-and-take of being a limited company.

Am I mistaken, or is it not only public limted companies (plcs) which this applies to???

LighterGuy

Degag wrote: »

Completely open to the public. Al records can be viewed at Dublin Castle.

Shouldnt it be private tho?
Off the top of my head I could see why a company would need to report earnings. I dunno, so no foul play is at hand etc. But to the public? .. I mean you or i dont tell everyone how much we make... Why should a company be forced to let all know?

Rothmans

Degag wrote:

For shíts and giggles, i did. I downloaded the wrong file though i'd say. Only juicy bit is how much they have in the bank as at 2009. Prize for whoever gets closest!

Hmm, I'm gonna take a wild guess and say €3.67 million.
Am I close???

Degag

Rothmans wrote: »

Hmm, I'm gonna take a wild guess and say €3.67 million.
Am I close???

No Guess Again!!

Rothmans

Degag wrote: »

No Guess Again!!

Higher or lower?

Degag

Rothmans wrote: »

Higher or lower?

That'd be too easy.:cool:

later12

Rothmans wrote: »

Am I mistaken, or is it not only public limted companies (plcs) which this applies to???

No you can indeed buy their account details onine, a 10 page document, as well as other documents.

Rothmans

later10 wrote: »

No you can indeed buy their account details onine, a 10 page document, as well as other documents.

Oh yeah I saw that on thecso site, but AFAIK they're not legally obliged to make those documents public.
Lord, don't tell me I'm already starting to forget what I learned in company law last year :P

Rothmans

Degag wrote: »

That'd be too easy.:cool:

Feck sake.
Ok, I'd estimate anything between €500 and €20,000,000.
Am I close?

artanevilla

Few Bob OP, few Bob.

Cameron Poe

58008

Degag

Rothmans wrote: »

Feck sake.
Ok, I'd estimate anything between €500 and €20,000,000.
Am I close?

Very Close.

LighterGuy

Degag wrote: »

Very Close.

you're afraid to actually say right?
Out of fear the mods will delete or edit right?

later12

Rothmans wrote: »

Oh yeah I saw that on thecso site, but AFAIK they're not legally obliged to make those documents public.
Lord, don't tell me I'm already starting to forget what I learned in company law last year :P

I think you might be confusing it with the requirement for their accounts to be audited. As a small private company, boards.ie ltd may not have to supply audited accounts under the 1999 Companies Act, but it will still be required to lodge its account details with the CRO as part of its annual return.

Mapck

Well I know that boards.ie receives 3.5 McDonalds Ketchup packets a week because I send them.
And boards you are welcome

Pompey Magnus

Degag wrote: »

For shíts and giggles, i did. I downloaded the wrong file though i'd say. Only juicy bit is how much they have in the bank as at 2009. Prize for whoever gets closest!

Will this prize have a value greater than €2.50? If so I will consider entering...

cusackd

The traffic to the website alone is worth about 170k after that its how good the sales team is which i assume is really good as its done by distilled media then you have boards deals which id say has blown things out of the water since its started.

--Kaiser--

I'd say they're making a packet as they're well able to keep the moderators stocked up with coke and hookers

Forest Master

Degag wrote: »

Very Close.

Just spit it out or f*ck off. Jesus christ, man - getting on a lame power trip because you know some gimp bit of info. You didn't even download the right year, FFS.

Forest Master

marty1985 wrote: »

blow all the profits on coke and hookers

--Kaiser-- wrote: »

stocked up with coke and hookers

Why do people always use this cliche? It's tired - the fact that both of you used it within a few posts of each other makes it predictable - do you want to be a predictable poster?

ninebeanrows

I dont have a clue but i would imagine very little. id say the place barely pays for itself. maybe 18-20k for its employees

Padraig Mor

Weathercheck wrote: »

I dont have a clue but i would imagine very little. id say the place barely pays for itself. maybe 18-20k for its employees

+1. Given that Daft wrote off most of their investment in Boards, it's safe to say that the amount of profit Boards makes is in the region of SFA.

KTRIC

I don't think its worth much after the NAMA buy out.





















Oooops, said too much

Wibbs

Weathercheck wrote: »

I dont have a clue but i would imagine very little. id say the place barely pays for itself. maybe 18-20k for its employees

I'd reckon similar. There are a lot of costs involved or at least it would be my take that there's more love for the place than profit that keeps it going.

Musicman2006

503? Why is that number stuck in my head..

teol

I found the accounts for 2008:

http://www.scribd.com/doc/22316391/8oards-ie-Limited

They had 38,000euro in the bank and 67,000euro from Debtors.

Creditors - 31,000euro


It seems they made a small profit in 2008 - 94,000euro (28,000euro in 2007)

7ofBrian

QI

Fluorescence

I shouldn't think there's much left over after all the costs of running the site and paying the staff. Mind you, it speaks well of a website that it's doing good enough that it can afford to actually employ some staff full-time.

Fart

900,000 euro per annum.

CrazyRabbit

LighterGuy wrote: »

Just curious.
Its a free to join and use message boards. Lot of ads. Not cluttered with ads. But still none the less present.

How much does boards.ie make say ... every year?

I've honestly never seen an ad on boards.ie...well unless I'm logged out and visiting as a guest.

And I'm not using any ad-blocking software with this browser.

As for how much they make, I don't think they are doing well. Afterall, the mods are paid peanuts for the work they do.

Fukuyama

CrazyRabbit wrote: »

I've honestly never seen an ad on boards.ie...well unless I'm logged out and visiting as a guest.

And I'm not using any ad-blocking software with this browser.

As for how much they make, I don't think they are doing well. Afterall, the mods are paid peanuts for the work they do.

Then you are seriously visually impaired. You're as blind as this guy --> :cool:

Degsy

I'd say very little..thats why they have moderators to keep them out of court,a halfway decent payout from litigation would bankrupt the site and its owners.