> "I not familiar enough with the Gumroad model to understand why how the creators made $73M in 2019, but Gumroad revenue was only $5M."
I would imagine that monies collected on behalf of someone else for transmission to them do not count as revenue since they do not at any point belong to the business. Banks do not claim deposits or incoming checks as revenue, for example.
I would imagine that monies collected on behalf of someone else for transmission to them do not count as revenue since they do not at any point belong to the business. Banks do not claim deposits or incoming checks as revenue, for example.