Wetfish Online

Discussion Forums => General Discussion => Topic started by: rachel on November 21, 2020, 06:49:29 am

Title: Wetfish Financial Transparency Report
Post by: rachel on November 21, 2020, 06:49:29 am
Since incorporating as an LLC in 2017 (Read more: https://wetfish.net/post/business-fish) Wetfish has operated using its own bank account. All servers, developers, travel fees, and other business expenses are paid for through this account. I wrote some basic software to analyze the transaction history and provide this financial report.

Income
Software Development - $107,825
Personal Contributions - $19,995

Expenses
Contractors - $93,875.96
Servers - $6,849.08
Investments - $5,744.27
Misc. Business - $2,257.36
Travel - $1142.58
Food - $559.9
Conferences - $457.33
Materials - $392.94

These are the all time totals for the company, since incorporating in July 2017. We could probably cut back on some of our server costs, but when you do the math it works out to only about $190 a month.

(https://wiki.wetfish.net/upload/49cc4aa1-39c9-e967-98ee-35c56112acf5.gif) (https://wiki.wetfish.net/upload/759c584f-5dfd-aef0-de9c-6ec89c214c12.jpg)