Current Liblicense Archive - Knowledge Unlatched Financial Results 2018

peter.suber's bookmarks 2019-05-22

Summary:

"Thanks to your support, especially on the library side, we have been able to grow our revenues to 1.977.769,02 EUR, or 2.206.695,78 USD and 1.733.613,43 GBP per December 31st 2018. This growth has enabled us to further expand our product development, in line with suggestions and demands from you, our partners. Two good examples of this are the launch of KU Open Funding, our central database offering an overview of the evolving, yet rather intransparent market around book processing charges, as well as KU Open Analytics. With the latter we are consolidating usage from multiple hosting platforms to demonstrate the successful usage of OA book titles around the world. 

We are performing well, and through tight cost control, have been able to run a profit after taxes of 46.577,96 EUR (51.977,51 USD/40.827,91 GBP). This equals a 2,36% net profit margin. The 2018 net profit of Knowledge Unlatched is being shared 50/50 with the non-profit entity Knowledge Unlatched Research. I am enclosing an overview of our major cost items for your reference – please feel free to contact me at [log in to unmask] should you have any questions about this. Please note that the annual filings will be published at Bundesanzeige.de, as required by law...."

Link:

http://listserv.crl.edu/wa.exe?A2=ind1905&L=LIBLICENSE-L&P=34250

From feeds:

Open Access Tracking Project (OATP) » peter.suber's bookmarks

Tags:

oa.new oa.profits oa.economics_of oa.books oa.knowledge_unlatched

Date tagged:

05/22/2019, 17:14

Date published:

05/22/2019, 13:14