Since its inception in 1843, The Economist has advanced its wonderful founding charter:
to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress
Let’s look at The Economist by the numbers.
Revenue is the value of all sales of goods and services recognized by a company in a period. Operating profit is the money left after paying all business costs, but before paying taxes. Earnings per share measures a company’s profit per outstanding share of its common stock.
- Revenue: £346m (+12% from 2021)
- Operating profit: £46m (+11% from 2021)
- Adjusted earnings per share: 180.9p (+16% from 2021)
- Dividends: 120p (+20% from 2021)
- Subscription revenue: £211.7m
- Subscribers: 1.185m
- Digital-only Subscribers: 52%
- First-year retention rate: +27%
- Podcast downloads/listens since 2016: 1bn+