NO SMALL CHANGE FOR BEGGARS

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		TOP 20: JUST TRUST US A second sonic Boom (4/18a) Check It Out Now ON THE COVER: AARON BAY-SCHUCK AND TOM CORSON Bunny's hoppin' again. (4/17a) Check It Out Now NEAR TRUTHS: PRIMARY NUMBERS Hats off to Larry (4/17a) Check It Out Now TAY’S FORTHCOMING DEBUT: WE ARE TORTURED BY SPECULATION So many questions (4/18a) Check It Out Now THE COUNT: COACHELLA, FROM THE COUCH The coziest way to experience the fest (4/18a) Check It Out Now
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Blighty Beat

NO SMALL CHANGE FOR BEGGARS

8/21/17

How much does the largest U.K. indie earn in a year? We’re glad you asked. Beggars Group filed its annual accounts last week, revealing revenues of £70.6m ($96m) in 2016, and a net profit of £11.9m ($16m). Beggars' 2016 numbers are slightly down—3.3%—on 2015’s revenues of £72.9m and £12.9m net profit, which is down 8.4%. Gross profit, however, was up last year by 12.6% to £19.6m from 2015’s £17.4m.