December Amazon Update

By: Robert Grosshandler | January 8, 2020

Here is our monthly reporting on Amazon. In December our Amazon revenue grew over 400% from the December a year before. In October, it grew about 637% year over year. November was up over 400%. (Please read our September post for more details on why we like Amazon.)

A reminder: November results last year included Cyber Monday. This year, Cyber Monday was on December 2.

And to put it all in one bucket, and eliminate the holiday timing differences, the 4th quarter for our Amazon revenue was up approximately 450% over 4th quarter 2018.

To make our lawyers happy, I’m sharing that our Amazon revenues are unaudited and subject to change. The Amazon numbers are small (but not as small as they were), but becoming meaningful. They are not necessarily indicative of how we’re doing generally. We don’t break out any retailer’s results specifically, but we do discuss customer (retailer) concentration in our financial statements.

There are 2,200 or so great retailers that allow us to reward you with our stock. Amazon does not. But Amazon is darn good at what they do, and so shopping there is sometimes the best thing to do. So we’re happy when you make that choice because it benefits the company you own – iConsumer.

It’s also good to know that when you tell friends that they can Shop Like A Sharktm, that shopping can include Amazon.

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