StockPhotoTalk | Special Interest Blog

Alamy Quarterly Statement Q4 2009

Detailed numbers here, and James West´s comment over there:

• "Quarter 4 2009 wraps up last year with a 13% drop in revenue from 2008 for the Alamy group, resulting in a better than expected figure from our 15-20% forecast. Our financial position remains strong however, with a 6.5% operating profit last year - just a couple of percentage points below our 'business as usual' number.
  [...]
  We think it is sensible to remain cautious about the near term - there's too much uncertainty to make bold statements about returning to growth anytime soon. [...]

Related:

• £8 Million to contributors in 2009 plus Alamy's top earners
  (Alan Capel)

Alamy Quarterly Statement Q3 2009

"Q3 2009 results will reflect what we hope is the bottom of the downturn. It's too early to predict what Q4 will look like, but I can say that September and October numbers have been very reassuring.

Until we have more data, however, we're sticking with our earlier forecast of a 15%-20% decrease on 2008."

James West here, detailed numbers here.

Alamy's financial statement for Q2/2009

Full overview here.

 

 

Alamy's financial statement for Q1 2009

Quarterly Alamy sales figures for Q2/2008 until Q1/2009 below. All details over there. Alamy notes that "the decline in average price has been exaggerated in this report by the weakening of the UK pound (GBP) against the US dollar between Q2 2008 and Q1 2009".

Alamy's financial statement for Q4 2008

Quarterly Alamy sales figures for Q4/2007 until Q4/2008 below. All details, especially on the average RM/RF prices and the remark on "volatility in the currency exchange markets", over there.

 

New Alamy Q3/2008 financial statement

Simultaneously with the first decline of quarterly revenues from Q2/2008 ($8.52 million) to Q3/2008 ($8.166 million), Alamy´s present Q3/2008 financial statement misses to show important information which appeared in the statement in previous quarters, like:

• new RF/RM images from photographers/agencies
• photographers/agencies submitting RF/RM images

Alamy explains: "Please note that we have had to withdraw some parts of this statement that refer to contributor image submission volumes. This is due to a technical problem which has affected the way those figures have been reported, resulting in a misrepresentation of numbers in some instances."

QuickLinks For 2008-11-26

• The Agency: Production Tactics from Rights Managed to Microstock.
  A lecture by Christina Vaughan, CEO, Image Source, during a PACA, CEPIC, BAPLA, PICTA, the User Generated Content Conference and Expo in San Jose.

• Is a 35% commission unfair to the photographer?:
  Yes, but it keeps companies like Getty Images in business.
  PhotoShelter´s Allen Murabayashi on a company called Digital Railroad.

• DRR and “What Happened?”:
  DRR´s fate is not a result of the business we were in, or the platform we built, but a consequence of strategies and gambles often taken by early-stage business in order to grow.
  Digital Railroad´s former CTO Andy Parsons on a company called - you got it.

• Alamy, Virtual Picture Desk and Universal Images Group:
  That´s [coop with Universal Images Group by Virtual Picture Desk] a new direction for Alamy content which has always been self edited by the contributors themselves. How the selection process will be performed is currently a mystery.
  Photo Spy.