February Amazon Update

By: Robert Grosshandler | March 9, 2020

Here is our monthly reporting on Amazon. In February our Amazon revenue grew over 1300% from February, 2019. This February had one more day in it, but that’s not the reason for the increase. (Please read our September post for more details on why we like Amazon.)

To make our lawyers happy, I’m sharing that our Amazon revenues are unaudited and subject to change. The Amazon numbers were small, making a percentage increase easier to obtain. Now they are 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 for you to do. So we’re happy when you make that choice because it benefits the company you own – iConsumer.

Our audited annual financial reports are due to be released in April, 2020. Here is our prior year annual report.

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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