I’m going to make this a quick one as I have (again) failed to post my income report on time. That’s I won’t go into detail on November all that much and simply leave you with the number. December will be more thorough, I promise!
Based on my own sales tracking, November saw EU gross sales which went up by 28.9% versus the previous month (110.5% up on the US marketplace) but 19.7% lower than the same period last year. This was already a warning sign for me, as this development was rather unexpected given the fairly good year I was having..
Redbubble sales were slightly down again in November, but within the normal volatility that I’ve been experiencing with this revenue stream. I was planning on increasing all the markups on Redbubble to see if I can somehow push the earnings. I’ll let you know how that went in the December update.
Monthly T-Shirt Income Report
I’m looking forward to reading your questions and comments. If there’s any particular position that you would like to know more about, then let me know and I will try to clarify.
|Spreadshirt Marketplace EU||1,717.61||1,854.85||2,466.86|
|Spreadshirt Marketplace US||333.26||359.89||269.82|
|Miscellaneous Hosting Services to 3rd Parties||–||–||–|
|Expense Positions||EUR||USD||Last Month|
|BoxCryptor (Annual Subscription||–||–||33.01|
|Deutsche Post (Shipping Costs)||–||–||–|
|Digital Goods (Themes, Templates etc)||–||–||20.00|
|Dropscan (Mail Scanning Service)||17.56||18.96||6.86|
|GitHub (Micro Personal Plan)||6.48||7.00||7.00|
|Google API Services (mostly translation)||–||–||–|
|Google for Work (Monthly Subscription)||12.00||12.96||13.10|
|HostGator (Web Hosting Services)||11.07||11.95||11.95|
|JetBrains PHP Storm (Monthly Software Subscription)||8.90||9.61||9.71|
|Laracasts (Monthly + Lifetime Membership)||202.80||219.00||9.00|
|MailChimp (Monthly Subscription)||9.26||10.00||–|
|Namecheap (Domain Name Registration Fees)||–||–||–|
|Noun Project (NounPro Subscription)||9.25||9.99||9.99|
|PureVPN (Annual Subscription)||–||–||–|
|Shopify Basic Subscription (for www.gocaptain.com)||26.85||29.00||29.00|
|Xing (Quarterly Subscription)||–||–||–|
|Tax Adviser (Quarterly Booking)||–||–||–|
|Net Operating Profit (excl. all taxes)||1,811.03||1,955.73||2,687.65|
|Tax Elements||EUR||USD||Last Month|
|VAT on Income||326.35||352.42||468.70|
|VAT on Expenses||3.68||3.98||7.95|
|Net VAT to be paid to the Tax Man||322.66||348.44||460.75|
*EUR/USD Exchange Rate for November 2016: 1.0799