The most valuable asset an industry could offer is information and knowledge. CONSERVATIVE BROADCAST MEDIA JOURNALISM Ord Shs (OTCMKTS: CBMJ) thrives on reaching every audience, whether conservative, libertarian, or religious. The Metro-Atlanta-based Digital Marketing Company serves more than 2 million followers through numerous social media accounts across several platforms. Additionally, it has a brick-and-mortar coffee shop in Hiram, GA, a network of 47 monetized political/news websites, and an active database of over 8 million opt-in email subscribers.
CBMJ Records the First-Ever Quarterly Revenue
In the first six months of 2020, CBMJ brought home $932K in revenue. This has since increased to $1.827M in the same period of 2021. For the first time, the company has reported quarterly revenue exceeding $1.0M. The month of June made history, having recorded the highest revenue in the history of $452K. CBMJ’s acquisition of Patriot Depot and its subsidiary DeDonato Enterprises LLC reportedly played a significant role in the revenue increase.
The company’s flagship e-commerce site Store.flagandcross.com and Patriot Depot’s product income www.patriotdepot.com accounted for 49% and 29%, respectively. The latter had just operated for 75% of the month.
“The integration of the Patriot Depot team has gone exceedingly well and our goal of achieving 7.0M in revenue over the next 12 months is clearly within reach…,” President Brandon Vallorani commented.
And while advertising revenue from news media was one of the many areas that helped to balance the revenue, the company plans to increase its CEO’s television show distribution. The other goal is to produce revenue exceeding $500K per month for the remainder of the year while achieving 10% Net margins.
In other news, and just like in many other industries, CBMJ has not shut its doors to strategic acquisitions. It has the understanding that this is the primary way of expanding its capabilities and client base. For example, the company already acquired J. Vincent Creative Digital Marketing Agency (JVC), an established full-service SEO and digital marketing agency.
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