2013 accounts and notice of AGM

William Joseph1
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Re: 2013 accounts and notice of AGM

Post by William Joseph1 » Mon Nov 11, 2013 7:40 pm

richard@imutual wrote:Lots of little ways. Capped transactions, white label sites, non-cashback links (e.g. ebay, Amazon), bonuses from merchants, tenancies, suspended members (i.e. anti-fraud measures), interest (only this year onwards). It's tough to break even at our current size, but will get easier as we grow
Not to forget that not all merchants are 100%. Gambling sites for instance have their cashback restricted by imutual. There maybe others I am not aware of
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Re: 2013 accounts and notice of AGM

Post by davidlmorgan85 » Mon Nov 11, 2013 7:43 pm

Very pleased with the figures quoted

I've looked over last years reports and this is a fantastic result
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richard@imutual
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Re: 2013 accounts and notice of AGM

Post by richard@imutual » Mon Nov 11, 2013 7:53 pm

brittaniabuckle wrote:
interest (only this year onwards).
About money held.
Can some of it be held as high-interest loans that can be found on p2pmoney.co.uk?
We'll keep an open mind on this, but higher interest generally entails higher risk. And we don't really want to take unwanted risks with cash that's due to be paid out to members
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Re: 2013 accounts and notice of AGM

Post by planteria » Mon Nov 11, 2013 7:53 pm

are members invited to attend the AGM in person :?:
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Re: 2013 accounts and notice of AGM

Post by kevinchess1 » Mon Nov 11, 2013 11:34 pm

Torus wrote:
richard@imutual wrote:Lots of little ways. Capped transactions, white label sites, non-cashback links (e.g. ebay, Amazon), bonuses from merchants, tenancies, suspended members (i.e. anti-fraud measures), interest (only this year onwards). It's tough to break even at our current size, but will get easier as we grow
Not to forget that not all merchants are 100%. Gambling sites for instance have their cashback restricted by imutual. There maybe others I am not aware of

Booking Buddy pay 50% commission
So any order over 20p is also making money
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Re: 2013 accounts and notice of AGM

Post by Eurovisionfan » Tue Nov 12, 2013 8:08 am

Well done - nice, steady growth figures!
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Re: 2013 accounts and notice of AGM

Post by kevinchess1 » Tue Nov 12, 2013 12:08 pm

planteria wrote:are members invited to attend the AGM in person :?:

Yes :thumbup:
RY sending a car for me I'll swing by and pick you up
Have to get mackem on the way mind, if he can get bail
Luke's not going, it's a school night :(
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Re: 2013 accounts and notice of AGM

Post by tashi500 » Tue Nov 12, 2013 12:55 pm

imutual is doing well so keep up the good work.
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Re: 2013 accounts and notice of AGM

Post by miles19 » Tue Nov 12, 2013 8:26 pm

good set of numbers Richard. Goes to show what happens when hard work pays off.

I do have a few questions, however my main question would be....

1) Would you introduce preference shares in imutual plc?

Thank-you.
Miles

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Re: 2013 accounts and notice of AGM

Post by harinmenon » Wed Nov 13, 2013 9:39 am

Many thanks for the figures and the explanations to member queries. Really appreciate all the hard work put in.
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