2016 Annual Report
Nothing formal here, just thought I would write up a quick report on the state of the business at the end of 2016. I also figured it wouldn’t be a bad practice to do these kind of things a few times a year (maybe quarterly), but we’ll see how dedicated I remain.
FatLab is a small company, we host just under 60 websites and worked with over 60 organizations during 2016. By no means are we setting any kind of records but I think the numbers show trust, longevity and stability in regards the business.. this is all I want to get across.
Just the Facts
More numbers:
Average earned per client: $4.5K annually
Growth from previous year (2015): 53.84%
How We Generated Revenue
Being a small business we really don’t have departments or divisions. However we do have 4 general categories of revenue. The following graph shows the percentage of revenue generated from each “category” in 2016:
Note: In the above chart, agency hosting agreements are only represented as “agency partnerships” and not also included in “web hosting”.
Who We Served
Nonprofits VS Commercial Clients (by Revenue)
Note: In the above chart, only nonprofits that we work directly for are included. We work for a good number of nonprofit organizations through agency partnerships, though in these models that revenue is classified as “commercial”.
