Amazon 1st Quarter Results

By: Robert Grosshandler | April 7, 2021

We share these results because how we’re doing at Amazon gives us, and you, insights that we think are valuable. As we mentioned last month, we saw wide variances in our January, February, and the first part of March results. Therefore, we’re presenting the entire quarters’ preliminary results, smoothing out that unexplained variability. We share them in our blog this way so that all shareholders and prospective shareholders have equal opportunity to make decisions based upon the data.

The end of the quarter saw the arrival of stimulus checks again. We’re seeing increased activity, probably because of that.

Comparing Q1 2021 to Q1 2020, we see that our results are up. Revenue was 169% of the same period a year earlier.

Just a note, all of these numbers are preliminary. Amazon may adjust them at any time (but usually not).

Two points I want to drive home, yet again. It’s planting a seed I hope sprouts for us all. First, 100% of our commissions from Amazon generate bottom line cash. We spend that on lots of things, but most importantly on marketing! Second, even though we can’t reward you directly for shopping at Amazon (Amazon won’t let us), you’re an owner of iConsumer, and improving the bottom line profitability improves your company. So, go shop at Amazon (and the other 2,300+stores that DO allow us to reward you directly).

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8 Comments

Scott LeBaron, April 8, 2021 at 10:06 am

So disappointing we can’t get rewarded from Amazon. I do 90% of my purchases with where I work via Amazon using the iConsumer link. So yes, I’m helping the company, but I’d be getting thousands upon thousands of shares of iConsumer Stock if I was getting rewarded directly with these purchases. *sigh*

    Robert Grosshandler, April 8, 2021 at 10:13 am

    I agree *sigh*. But the “but” is a really good but. Every dollar of revenue goes straight to the bottom line. Choose a multiple (P/E) ratio. Perhaps 50? So, every dollar of revenue is worth $50 in market cap. And since you own our stock …. you really do share in the goodness shopping at Amazon brings us.

Susan King, April 8, 2021 at 11:01 am

Owner Iconsumer is ?

    Robert Grosshandler, April 8, 2021 at 11:07 am

    Hi

    If you’re asking “who is the owner of iConsumer?”, the answer is that we’re a publicly-traded company. There are about 3000 shareholders of record, and about 60,000 iConsumer members who have earned stock but not yet become shareholders of record. Which we hope includes you!

    You can see more about us via our SEC filings and by searching on our stock symbol: RWRDP.

Bridget Silas, April 8, 2021 at 12:01 pm

I shop Amazon 100% of the time it would be great if they would let us get rewarded

    Robert Grosshandler, April 8, 2021 at 12:22 pm

    It would be nice. In a couple of ways this way is nicer. They pay us around 3%, and if we were able reward you it would probably be less than 1%. So we make lots more money than we would otherwise, and that then helps the value of your iConsumer stock go up.

Joseph Lamont Gay, April 8, 2021 at 2:22 pm

How many shares do I have and how can I buy more

    Robert Grosshandler, April 8, 2021 at 3:40 pm

    We don’t post personal information here, seems unwise. To see how many shares you’ve earned, please visit https://iconsumer.com/dashboard. If you’ve previously purchased shares, Issuer Direct (our transfer agent) sent you an email with your account information in it.

    To purchase more shares (my favorite question) you have two options. The first is to buy them from us. iConsumer.com/invest. However, there is a minimum purchase of $1000, and the price we’re allowed to sell at is $.25. We suspect you’ll want to take the second option. Buy them in the stock market.

    TD Ameritrade / Fidelity / Schwab / Interactive Brokers are the folks I’ve personally dealt with recently, and all are fine. Check them out, some of them are cheaper to use than others. You want to buy RWRDP. Today, our stock closed at $.12 (a lot less than $.25). You can’t buy a lot of it at that price, but if you’re interested in investing a couple of hundred bucks more or less, it’s probably the better choice.


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